Bitcoin traders mark levels to watch as BTC price bounces to $39K

Bitcoin (BTC) began to see much-welcomed volatility to the upside on Feb. 23 as European markets opened with modest upside.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

$39,600 set to spark “heavy resistance”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rapidly gaining Wednesday, hitting $39,000 before consolidating.

The pair had staged a steady comeback overnight, with progress totalling 6.8% versus Tuesday’s lows.

“Seems I’m not getting that little pull…


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