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BTC Fear & Greed Index Signals a BTC Return to $25,000
On Wednesday, bitcoin (BTC) rose by 1.89%. Reversing a 1.24% decline from Tuesday, BTC ended the day at $23,054. Notably, BTC held onto the $23,000 handle for the first time since August 18. A bearish start to the day saw BTC fall to an early low of $22,324. Finding support at the First Major Support Level (S1) at $22,325, BTC rallied to a late high of $23,812. BTC broke through the First Major Resistance Level (R1) at $23,042 and briefly through the Second Major Resistance Level (R2) at $23,456 before easing back to end the day at $23,054. Easing Contagion Risk Delivers a BTC Run at $24,000: It was a quiet day on ... (full story)
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- Posted: Jan 25, 2023 9:40pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 89
