BTC Not Quite Ready to Stay Above $25K

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BTC Not Quite Ready to Stay Above $25K

However, that move occurred within a candle that finished the hour in negative territory, indicating that bitcoin isn’t ready to hold $25,000 support. A trading candle illustrates an asset’s high, low, opening and closing price within a chart. Bitcoin’s price rose 2.7% before the start of U.S. trading before declining 3.5%. www.coindesk.com

However, that move occurred within a candle that finished the hour in negative territory, indicating that bitcoin isn’t ready to hold $25,000 support. A trading candle illustrates an asset’s high, low, opening and closing price within a chart. Bitcoin’s price rose 2.7% before the start of U.S. trading before declining 3.5%.

www.coindesk.com