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Bitcoin traders celebrate ‘good news’ as BTC price trades above $57K

Bitcoin’s weekly close above a key support level is “good news,” according to traders, and the day’s rally to $57,500 could be a sign that the bottom is in.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin traders celebrate ‘good news’ as BTC price trades above $57K

Bitcoin’s weekly close above a key support level is “good news,” according to traders, and the day’s rally to $57,500 could be a sign that the bottom is in.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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