Bitcoin price eases downside as traders demand $24.5K support holds By Cointelegraph

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© Reuters.

(BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals.

1-hour candle chart on Bitstamp. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $25,500 on Bitstamp after bouncing around $1,000 from the previous day’s lows.

BTC/USD annotated chart. Source: Moustache/Twitter