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Crypto market in no hurry to reach new heights

Crypto market in no hurry to reach new heights

Market picture

Bitcoin spent most of Wednesday in a shallow corrective mode, pulling back to $22.3K. However, with the start of active trading in New York, optimism returned to the equity markets, pushing BTC to $23.7K by the end of the regular session. We saw renewed pressure and a pullback to the $23.0K level on Thursday morning.

Yesterday's decline can be seen as a technical correction from the momentum from January 19th, paving the way to $25.0K. However, it is more likely tha... Read More

Posted: Jan 26 2023, 10:13
Author Name: forexlive
Views: 110824

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