HomeUncategorizedBitcoin trader predicts end of dip within weeks as BTC price adds 3.5% By Cointelegraph

Bitcoin trader predicts end of dip within weeks as BTC price adds 3.5% By Cointelegraph

May 19, 2023

[ad_1]


© Reuters.

(BTC) held a snap rebound on May 18 as analysts hoped that further upside would come next.

1-hour candle chart on Bitstamp. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it circled $27,400 on Bitstamp.

Bitcoin cumulative volume delta (CVD) data annotated chart. Source: Skew/ Twitter
BTC/USD annotated chart. Source: TraderSZ/ Twitter
BTC/USD annotated chart with trend lines. Source: Credible Crypto/ Twitter