(11/23, Wed) btc rose 2.8% probably due to the stock market's rising

in #btc2 years ago

Yesterday(11/22 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $15752, its lowest as $15608, its highest as $16290, its closing as $16197. Bitcoin declined slightly after the start of Tuesday, reaching a low at 07:00, then moving sideways, then starting to rise from 13:00, reaching a peak at 15:45, and then moving sideways again, ending 2.8% up.

Looking at the 4hr chart, Bitcoin, which had fallen to the recent low the previous day, rebounded above $16k again, but it seems difficult to attach much significance in terms of trading volume. On the daily chart, it did not completely dominate the previous day's decline, and if today's movement comes out as an additional rise, there is a possibility of a few more days of upside.

In the macro market, there was no special bad news, so the stock market rose, US bond yields and the dollar index fell which seems the crypto market rose by this. And it is time to pay attention to whether the market will fluctuate once again according to the soon-to-be announced FOMC minutes.

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