Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K By Cointelegraph

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Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K

(BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls.

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

Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting lows of $47,400.

Coinbase premium vs. BTC/USD chart. Source: CryptoQuant