Bitcoin Traders Mark Levels to Watch as Cryptocurrency Price Rebounds to $39,000 By Cointelegraph

©Reuters. Bitcoin Traders Mark Levels to Watch as Cryptocurrency Price Bounces to $39,000

(BTC) began to see much-anticipated upside volatility on Feb. 23, as European markets opened modestly higher.

1-hour candlestick chart of the pair (Bitstamp). Source: TradingView $39,600 Becomes “Strong Resistance” Data from Cointelegraph Markets Pro and TradingView showed the BTC/USD pair quickly gained on Wednesday, hitting $39,000 before consolidating.

The pair had staged a steady rally overnight, with a total gain of 6.8% from Tuesday’s lows.

Read the full article on Cointelegraph

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.