{"id":403561,"date":"2022-02-04T18:15:07","date_gmt":"2022-02-04T15:15:07","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\/"},"modified":"2022-02-04T18:15:07","modified_gmt":"2022-02-04T15:15:07","slug":"bitcoin-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\/","title":{"rendered":"# Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge"},"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-6a41436447a7c\" 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-6a41436447a7c\" 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-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\/#Stocks_continue_volatility\" >Stocks continue volatility<\/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-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\/#%E2%80%9CThink_its_a_tremendous_buying_opp_I_bought_100_BTC_at_372_and_400_more_yesterday_and_will_kektinue_on_spikes_down%E2%80%9D\" >&#8220;Think it\u2019s a tremendous buying opp. I bought 100 $BTC at 37.2 and 400 more yesterday, and will kektinue on spikes down.&#8221;\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\/#Levels_above_and_below_set\" >Levels above and below set<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/5264ff7a-b5f6-4546-bb0b-d1cbc46a761f.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=\"Stocks_continue_volatility\"><\/span>Stocks continue volatility<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=BINANCE\">TradingView<\/a>\u00a0followed a ranging overnight period for BTC\/USD, bulls hoping for clearer validation of recent gains.<\/p>\n<p>After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped further.<\/p>\n<p>In what has become an increasing focus of attention among analysts, curiously volatile tech stocks thus showed few signs of steadying at the opening bell.<\/p>\n<p>Bitcoin, after losing $800 in the hour beforehand, thus recouped all of those losses and more, underscoring its positive stocks correlation.<\/p>\n<p>&#8220;No more posting about stocks, returning to telling you how boring Bitcoin is instead,&#8221; Wolf of All Streets Podcast host Scott Melker <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottmelker\/status\/1489604534129332229\">joked<\/a> to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> followers, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottmelker\/status\/1489607315493896194\">revealing<\/a> that he had bought FB at Feb. 4&#8217;s prices.\u00a0<\/p>\n<p>The overall state of market, however, did not pass him by.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Amazon stock is absolutely pumping after earnings last night.<\/p>\n<p>And it&#8217;s pure theater. <\/p>\n<p>Missed on earnings, projecting a 4% downgrade in earnings next quarter. <\/p>\n<p>Raising Prime prices to account for losses.<\/p>\n<p>And that&#8217;s &#8220;bullish.&#8221;<\/p>\n<p>I&#8217;m riding wave, but everything is irrational. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mHMIm9oeQL\">https:\/\/t.co\/mHMIm9oeQL<\/a><\/p>\n<p>\u2014 The Wolf Of All Streets (@scottmelker) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/scottmelker\/status\/1489603318364131334?ref_src=twsrc%5Etfw\">February 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Melker was not alone, with other commentators even <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MI_Algos\/status\/1489611352159227912\">likening<\/a> the &#8220;good-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>-is-bad-news&#8221; paradox to an episode of The Simpsons.<\/p>\n<p>When it came to BTC, however, popular trader and analyst Pentoshi doubled down on his new, more positive stance on the outlook.<\/p>\n<p>&#8220;IMO this larger green area will be a spot where big players buy back + close short positions. Has historical value,&#8221; he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Pentosh1\/status\/1489588533518127107\">said<\/a> about a target area between $31,000 and $36,500. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9CThink_its_a_tremendous_buying_opp_I_bought_100_BTC_at_372_and_400_more_yesterday_and_will_kektinue_on_spikes_down%E2%80%9D\"><\/span>&#8220;Think it\u2019s a tremendous buying opp. I bought 100 $BTC at 37.2 and 400 more yesterday, and will kektinue on spikes down.&#8221;\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-02\/7f1deaad-a1e9-4910-bbad-d3d31e0dceb0.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD chart with green target zone. Source: Pentoshi\/ Twitter<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"Levels_above_and_below_set\"><\/span>Levels above and below set<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Meanwhile, after almost exactly two months of downtrend, Bitcoin is &#8220;almost done,&#8221; another more bullish analyst believes.<\/p>\n<p><strong><em>Related:\u00a0Bitcoin bulls may ignore Friday\u2019s $730M options expiry by saving their energy for $40K<\/em><\/strong><\/p>\n<p>Identifying a zone to reclaim overhead, Twitter account Anbessa urged patience while keeping an eye out for a higher timeframe bull signal to emerge.<\/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> <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>plan <\/p>\n<p>Patience payed off, not hodling <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/altcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#altcoins<\/a> the last weeks &amp; playing each <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> bounce with solid RM <\/p>\n<p>69 days downtrend almost done, and while I play these LTF bounces, reminder that the reclaim of that level is a HTF bull signal <\/p>\n<p>Patience, Rationality. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/bFIpFRmTO0\">pic.twitter.com\/bFIpFRmTO0<\/a><\/p>\n<p>\u2014 AN\u20bfESSA (@Anbessa100) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Anbessa100\/status\/1489611952024436740?ref_src=twsrc%5Etfw\">February 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As Cointelegraph reported, signals began <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>earing in late January regarding a possible exit from the multi-month cycle of losses totaling almost 50% from all-time highs.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/p>\n<\/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-surges-toward-39k-as-stocks-volatility-keeps-wall-street-on-edge\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge &#8221; Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView\u00a0followed a ranging overnight period for BTC\/USD, bulls&#8230;<\/p>\n","protected":false},"author":1,"featured_media":403562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvYWNlNjk4MjEtZmI5YS00M2YyLWFlNTItNWM3MmFlZjVmOTBiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74937,73785,70359],"class_list":["post-403561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-price","tag-markets","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/403561","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=403561"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/403561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/403562"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=403561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=403561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=403561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}