Bitcoin Bounces Back. Is Crypto Winter Over?

www.investing.com/analysis/bitcoin-bounces-back-is-crypto-winter-over-200634377

By Naeem Aslam | Jan 16, 2023 03:09AM ET

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The crypto market is undoubtedly the weekend's big story, as the Bitcoin price seems to be staging a massive and strong comeback. Today, we see Bitcoin prices moving above a critical resistance level of 20K, but traders need to be more mindful to try and contain their enthusiasm.

We are not out of the woods, and nor can we say that Bitcoin has fully survived another winter because for us to say that yes, bitcoin's winter season is over, the price needs to move above the 30K price mark, which is a long shot for the time being.

BTC/USD Daily Chart

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Comments (3)

Md Jahangir Jan 22, 2023 11:44AM ET

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Charles Ponzi Jan 16, 2023 12:48PM ET

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Crypto winter over just because binance are pumping, buying btc with unbacked BNB?

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Shavkat Shuxratbekov Jan 16, 2023 12:30PM ET

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HELLO I AM BIGINER I AM NEW PLESE HELP ME

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Bernard Etim Jan 16, 2023 12:30PM ET

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hello I am new 2 xup

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Bitcoin Bounces Back. Is Crypto Winter Over?

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