Bitcoin Bounces Back. Is Crypto Winter Over?
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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
