It’s been “up only” in recent days for Bitcoin price action, but when a retracement hits, hopes are pinned on $40,000 holding.
Bitcoin (BTC) hit new multi-week highs above $45,000 on Feb. 8 as the largest cryptocurrency’s comeback continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 becomes popular retest targetData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,500 on Bitstamp in its latest surge before consolidating.Volatility was once again in evidence as the pair fluctuated by $1,000 on intra-hour timeframes, circling $44,800 at the time of writing.Fears of a major correction were nonetheless left unfounded on the day, despite theories that $40,000 could see a retest next.lol okay a couple hundred dollars lower than previous tweet but I’m back to thinking we run it back to retest 40K idk honestly listening to this space has my brain all sorts of messed up clearly not t
We współpracy z: https://cointelegraph.com/news/bitcoin-rebound-hits-45-5k-as-focus-switches-to-future-support-retests
