Catch the Bitcoin dip? BTC price pares losses with a fresh surge to $57K

Bitcoin (BTC) was back at $57,000 on Oct. 13 as a classic move left hopeful traders liquidated to the tune of $200 million.

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

Trader sees parallels to August price action

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching highs of $57,250 on Bitstamp, up almost $3,000 in under three hours.

Reminiscent of multiple surges over the past week, Bitcoin thus gained 5.5% on the day, lining up a rematch of five-month…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *