HomeUncategorizedBitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’ By Cointelegraph

Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’ By Cointelegraph

February 12, 2023

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(BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing small spurts higher into Feb. 12.

BTC/USD order book data (Binance). Source: Material Indicators/ Twitter
BTC/USD annotated chart. Source: Crypto Tony/ Twitter
Consumer Price Index (CPI) chart. Source: Bureau of Labor Statistics