Bitcoin (slightly) bounces back after Wednesday's 'extraordinary moves' for tech stocks including victims Meta and PayPal.
Meta then followed in the after hours, hemorrhaging 20% of its share price in the wake of data showing it had begun losing users for the first time.February 2, 2022
While Bitcoin proponents were quick to poke fun at the events, frustrating price action meant that the area identified as a key resistance/support flip looked all the less likely to break. "If Bitcoin loses this level at $37Kish, I think it will start to drop fast towards the lower bound of the region around $34-35K," Cointelegraph contributor Michaël van de Poppe
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