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<div>Bitcoin needs 'sharp bounce' at K as S&P 500 echoes COVID-19 crash</div>
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Bitcoin needs ‘sharp bounce’ at $88K as S&P 500 echoes COVID-19 crash

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<div>Bitcoin needs 'sharp bounce' at K as S&P 500 echoes COVID-19 crash</div>
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Source: Coin Telegraph

Bitcoin joins US stocks in what analysis calls a “bearish overreaction” to employment data amid concern over future BTC price lows.

Bitcoin (BTC) hovered under $95,000 on Jan. 11 after an eventful day delivered a “bearish overreaction.”

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView captured volatility up and down during the week’s final Wall Street trading session.

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Author: William Suberg

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