However, that move occurred within a candle that finished the hour in negative territory, indicating that bitcoin isn’t ready to hold $25,000 support. A trading candle illustrates an asset’s high, low, opening and closing price within a chart. Bitcoin’s price rose 2.7% before the start of U.S. trading before declining 3.5%.
Related posts
-
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
The government of El Salvador has clarified that it will continue pushing bitcoin as part of... -
XRP Community Gets New Rewards, Fed Rules out BTC Reserves, and More — Week in Review
XRP community gets new rewards, Fed rules out BTC... -
Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?
Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling...