Bitcoin forgets Strategic Reserve ‘sell the news event’ with 4% bounce
Bitcoin bulls are already reclaiming a BTC price slide that came after the Bitcoin Strategic Reserve executive order fell short of market expectations.
Bitcoin (BTC) rebounded 4% on March 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve.
BTC/USD 1-day chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from local lows of $84,713 on Bitstamp.
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