(BTC) rebounded from a dip below $ 50,000 on December 8 when Wall St. trades opened on a new bullish view.
1-hour candlestick chart of the pair (Bitstamp). Source: TradingViewBitcoin Market Leaves “Extreme Fear” Data from Cointelegraph Markets Pro and TradingView captured a classic rally for the BTC / USD pair on hourly time frames, gaining $ 2,000 in a single hour-long candle.
The pair had hit daily lows of $ 48,656 on Bitstamp before a dramatic turnaround regained the psychologically significant level of $ 50,000.
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