Saturday, April 1, 2023

Bitcoin price hits $27K in new 9-month high as Fed injects $300B By Cointelegraph


© Reuters

(BTC) hit new nine-month highs on March 17 as the latest events in the growing United States banking crisis boosted crypto markets.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating.

BTC/USD annotated chart. Source: Stockmoney Lizards/Twitter
BTC/USD annotated chart. Source: Michaël van de Poppe/Twitter