Forex Trading Library

Bitcoin Holds 20k, but for How Long?

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After Bitcoin and Ethereum hit fresh lows under $18k and $900, the cryptocurrency sentiment seems to have stabilized.

Since then, Bitcoin has bounced over 18% to $21k and Ethereum over 30% to over $1000.

So, what is driving the rebound? Is it just a case of buying the dip after falling to its lowest level since January 2021?


BTCUSD 02:00

ETHUSD 03:25

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