Bitcoin price retests key $22.8K as metric points to 'BTC buying spree'
Bitcoin price retests key $22.8K as metric points to 'BTC buying spree'
Https://cb.run/BSnP Bitcoin price retests key $22.8K as metric points to 'BTC buying spree'Bitcoin (BTC) returned to base on Aug.
4 as higher levels gave way to a battle for the 200-week moving average (MA).
BTC/USD 1-hour candle chart (Bitstamp).
Source: TradingView Battle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as support.
The day’s Wall Street open provided only a brief change in the mood, with the pair spiking above $23,000 before continuing previous behavior.
The atmosphere was unchanged by news that investment giant BlackRock had partnered with major exchange Coinbase to provide crypto trading to...