Bitcoin Began To Recover

After Amazon’s financial statements, Bitcoin (BTC) price started to recover. BTC reached $ 41 thousand once again.

Cryptocurrency markets, which started to collapse with the effect of global economies at the end of the summer, finally started recovering this week. The rise that started with Amazon balance sheets continues. Bitcoin, which has recently followed a correlation with Nasdaq technology shares was testing the level of 36 thousand dollars with the great depreciation of shares such as PayPal, Spotify, Facebook. However, the course of events changed when Amazon got involved. Technology stocks and Bitcoin soared right after Amazon announced its revenue. However, as the US non-farm employment stayed above expectations, there was a withdrawal of around $1000. Bitcoin, which started a rapid rise on Friday afternoon, destroyed the resistances in front of it and passed the threshold of $ 40 thousand and then $ 41 thousand. It was withdrawn after receiving a reaction from 42 thousand dollars. Bitcoin, which is currently around $ 41600, can continue to increase in the new week if it makes the weekly closing at these levels.