Monday, 6 February 2023
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Bitcoin halts volatility at $23K as BTC hodlers see mass return to profit By Cointelegraph

BTC Sell Volume Currently Higher Than That of COVID Sell-off

© Reuters.

(BTC) traded sideways at the Jan. 24 Wall Street open, with analysts at a loss over where the price would go next.

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

Data from Cointelegraph Markets Pro and TradingView tracked a day of consolidation for BTC/USD, which continued to linger near $23,000.

BTC/USD annotated chart. Source: Michaël van de Poppe/Twitter
BTC/USD annotated chart. Source: Daan Crypto Trades/Twitter
BTC/USD annotated chart. Source: Glassnode/Twitter