Bitcoin rally stalls at $39.2K but BTC price metric suggests local bottom could be here By Cointelegraph

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(BTC) checked its latest advance on Feb. 23’s Wall Street open as Russia repercussions continued to play out.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling back towards the $38,000 mark during Feb. 23, having earlier reached $39,200 highs.

Bitcoin supply delta annotated chart. Source: Charles Edwards/ Twitter (NYSE:)