{"id":370727,"date":"2021-11-22T17:31:23","date_gmt":"2021-11-22T14:31:23","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open\/"},"modified":"2021-11-22T17:31:23","modified_gmt":"2021-11-22T14:31:23","slug":"bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open\/","title":{"rendered":"# Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3ba5ac3184c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3ba5ac3184c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open\/#Skittish_Bitcoin_darts_around_below_60000\" >Skittish Bitcoin darts around below $60,000<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open\/#Powell_set_to_remain_Fed_Chair\" >Powell set to remain Fed Chair<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/edcc552e-bf31-4912-8c01-e97c93bc5cdd.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Skittish_Bitcoin_darts_around_below_60000\"><\/span>Skittish Bitcoin darts around below $60,000<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BITSTAMP\">TradingView<\/a>\u00a0followed BTC\/USD as it rose almost $3,000 in minutes after hitting multi-day lows of $56,640 on Nov. 22.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> just pumped $2500 in like 5 minutes<\/p>\n<p>\u2014 Benjamin Cowen (@intocryptoverse) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/intocryptoverse\/status\/1462777578083823624?ref_src=twsrc%5Etfw\">November 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The pair had seen strong rejection after briefly breaking the $60,000 mark, this now clearly acting as resistance and a critical level to break in order to continue the bull run.<\/p>\n<p>As Cointelegraph reported, opinions continue to favor a return to full-on gains for Bitcoin, albeit with the specter of missing the predicted &#8220;worst-case scenario&#8221; monthly close by a considerable margin looming in the background.<\/p>\n<p>&#8220;The two most effective ways for BTC to prolong the amount of time it spends in a Bull Run is either via extended consolidation&#8230; Or via deep corrections,&#8221; Rekt Capital <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/rektcapital\/status\/1462735357699506182\">summarized<\/a> on the day.<\/p>\n<p>Cointelegraph contributor Micha\u00ebl van de Poppe meanwhile argued that it would even be healthy for Bitcoin to continue its consolidation for the rest of 2021.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Would be beautiful to have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> consolidating\/going sideways for coming weeks.<\/p>\n<p>Next big run in Q1 2022 together with a massive <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Altseason?src=hash&amp;ref_src=twsrc%5Etfw\">#Altseason<\/a>.<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1462751766999674885?ref_src=twsrc%5Etfw\">November 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&#8220;Right now, in the recent price movements, Bitcoin\u2019s price has shown a rejection of the exact same level as the red zone couldn\u2019t break upwards.\u00a0This red zone is the $60,000 resistance area to breakthrough,&#8221; he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.getrevue.co\/profile\/CM_Eight\/issues\/is-bitcoin-ready-for-bullish-continuation-in-a-lengthening-cycle-issue-1-883292?via=twitter-card-webview\">added<\/a> alongside a chart as part of his latest <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>letter. <\/p>\n<blockquote><p>&#8220;Right now, Bitcoin\u2019s price action is rejecting heavily from that region, resulting in a breakdown of the price towards the support levels, once again. In that way, as long as Bitcoin stays beneath $60,000, there\u2019s no reason to become bullish.&#8221;<\/p><\/blockquote>\n<p>At the time of writing, Bitcoin circled $59,000 with volatile behavior persisting after the run-up.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Powell_set_to_remain_Fed_Chair\"><\/span>Powell set to remain Fed Chair<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bitcoin thus escaped unscathed in a daily market seeing little by way of impressive performance from any token.<\/p>\n<p><strong><em>Related:\u00a0$60K becomes resistance \u2014 5 things to watch in Bitcoin this week<\/em><\/strong><\/p>\n<p>The top ten cryptocurrencies by market cap were mostly all flat for a second day running, with only Solana (SOL) seeing noticeable gains of just over 5%.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-11\/f931e86c-10bb-4fac-b0cd-e82f410566f3.png\"><figcaption style=\"text-align: center;\"><em>DXY 1-hour candle chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>On the macro leve, news that U.S. President Joe Biden had <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/apnews.com\/article\/biden-jerome-powell-federal-reserve-ca53fed8dab5621ac11dbdbb4461516e\">picked<\/a> Jerome Powell to serve another term as Chair of the Federal Reserve lifted bond yields. <\/p>\n<p>The U.S. dollar currency index, already at highs not seen in over a year, continued higher, passing 96.3.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-stays-volatile-as-btc-jumps-2-9k-in-15-minutes-before-wall-st-open\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open &#8221; Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView Skittish Bitcoin darts around below $60,000 Data from&#8230;<\/p>\n","protected":false},"author":1,"featured_media":370728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvOTBiYWZmZTQtZDQwNi00Y2E0LTlkZDMtNjBhNzJkNjBhNmU3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74862,74937,92498,73785],"class_list":["post-370727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-bitcoin","tag-bitcoin-price","tag-solana","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/370727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=370727"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/370727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/370728"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=370727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=370727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=370727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}