$US doubled yesterday, then gave back 19% today
24-hour change: -19.14%; current price: 0.02361.
Two days tell the story: the 10-09 daily candle gained +101.34%, opening at 0.016145 and surging to a high of 0.036397. Today it opened at 0.032496, hit a low of 0.022623, and is now at 0.02361. It doubled in one day, then gave back nearly 27.3% the next.
One detail is worth noting: yesterday’s huge bullish candle did not set a new 30-day high. The 30-day high of 0.040265 was set on 10-02; yesterday’s high was only 0.036397—more than 10% short. So it pushed toward the previous high, failed to break through, and then pulled back.
Trading volume was $633 million, the highest among today’s decliners and 1.6 times that of second-place RLC ($394 million). Such heavy volume alongside a 60.88% intraday range suggests intense turnover of holdings rather than one-sided selling.
The 7-day figure is still +19.24%: overall, the coin is up this week; today has erased some of yesterday’s gains.
The price is not at an extreme level either: it remains 134.95% above the 30-day low of 0.010049. Today’s pullback has only erased some of yesterday’s gains.
This is a statement of market data only, not a recommendation to buy or sell.
#US #Bitcoin rebounds to $83,000
24-hour change: -19.14%; current price: 0.02361.
Two days tell the story: the 10-09 daily candle gained +101.34%, opening at 0.016145 and surging to a high of 0.036397. Today it opened at 0.032496, hit a low of 0.022623, and is now at 0.02361. It doubled in one day, then gave back nearly 27.3% the next.
One detail is worth noting: yesterday’s huge bullish candle did not set a new 30-day high. The 30-day high of 0.040265 was set on 10-02; yesterday’s high was only 0.036397—more than 10% short. So it pushed toward the previous high, failed to break through, and then pulled back.
Trading volume was $633 million, the highest among today’s decliners and 1.6 times that of second-place RLC ($394 million). Such heavy volume alongside a 60.88% intraday range suggests intense turnover of holdings rather than one-sided selling.
The 7-day figure is still +19.24%: overall, the coin is up this week; today has erased some of yesterday’s gains.
The price is not at an extreme level either: it remains 134.95% above the 30-day low of 0.010049. Today’s pullback has only erased some of yesterday’s gains.
This is a statement of market data only, not a recommendation to buy or sell.
#US #Bitcoin rebounds to $83,000