Bitcoin gains $2K in hours after BTC price bounces near previous all-time high
Bitcoin (BTC) passed $66,000 again on Oct. 21 after fresh macro turbulence sparked a retest of previous all-time highs.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from a dip to $64,000 overnight.
The move had come in step with a comedown in stocks, which were reacting to renewed concerns over Chinese property giant Evergrande.
Nonetheless, Bitcoin managed to preserve higher levels, resulting in only a brief trip below the $64,900 threshold, which had held as the BTC record since April this year.
#BTC successfully retested the orange area as support to reach a new All Time HighNow $BTC is dipping to turn its previous old All Time High into support (blue)#Crypto #Bitcoin pic.twitter.com/qJZnm8X387
“Markets always
Read more on cointelegraph.com
