Bitcoin rebound hits $45.5K as focus switches to future support retests

It’s been “up only” in recent days for Bitcoin price action, but when a retracement hits, hopes are pinned on $40,000 holding. Bitcoin (BTC) hit new multi-week highs above $45,000 on Feb. 8 as the largest cryptocurrency’s comeback continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 becomes popular retest target Data from Cointelegraph Markets…
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