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Useless cat bounce? Bitcoin value nears $23,000 in recent 5-month excessive By Cointelegraph


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(BTC) took a swing at $23,000 into Jan. 21 as Asia patrons drove recent market energy.

1-hour candle chart (Bitstamp). Supply: TradingView

Knowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD battling bears to achieve $22,790 on Bitstamp in a single day — its highest since August.

BTC/USD annotated charts. Supply: Skew/ Twitter
BTC/USD order e-book knowledge (Binance). Supply: Materials Indicators/ Twitter
BTC/USD 1-day candle chart (Bitstamp). Supply: TradingView
BTC/USD 1-week candle chart (Bitstamp) with 50, 200WMA. Supply: TradingView