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Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’ -Breaking

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© Reuters.

The cryptocurrency market is still in complete control by bears on January 24th. However, to many’s shock, they were able to crush the (BTCThis downside move pushed the stock to $32,967 at early trading hours, a low of more than a month. This was a negative move Fillet a CME futures gapsIt was left in place from July 2021.

Source: Cointelegraph Markets ProAnd TradingViewIt was shown that $36,000 had been exceeded by Monday’s early trading hours, leading to a drop below $33,000. Then, dip buyers arrived and bid $35,500.

BTC/USDT 1-day chart. Source: TradingView
1-day chart. Source: TradingView