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Dead cat bounce? Bitcoin price nears $23,000 in fresh 5-month high

Published 01/21/2023, 04:16 AM
Updated 01/22/2023, 06:20 AM
© Reuters.
BTC/USD
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BTC/USD
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Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD battling bears to reach $22,790 on Bitstamp overnight — its highest since August.

BTC/USD annotated charts. Source: Skew/ Twitter
BTC/USD order book data (Binance). Source: Material Indicators/ Twitter
BTC/USD 1-day candle chart (Bitstamp). Source: TradingView
BTC/USD 1-week candle chart (Bitstamp) with 50, 200WMA. Source: TradingView

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