BTC price bounces 3% post Binance amid call for Bitcoin bulls to 'step in'
Bitcoin is due to spend some time ranging before an "impulse" move ensues, bullish BTC price analysis predicts. Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm. BTC/USD 1-hour chart. Source: TradingView Bitcoin respects "very clear" key levels Data from Cointelegraph Markets Pro and TradingView followed crypto markets as they recovered from snap downside the day prior. As the dust continued to settle on news that largest global exchange Binance would be fined $4.3 billion by United States lawmakers, Bitcoin traders eyed the latest important price levels. Daan Crypto Trades showed BTC/USD respecting a trading range in place for two weeks despite dipping to $35,600 after the Binance event. “Nice tap and bounce of the range low yet again,” he told X subscribers in part of his latest commentary. “Pretty clear that the most improtant levels are 35.7K and 38K in this area.” BTC/USD range chart. Sour...