Can Bitcoin price hold $24K as stocks correlation hits lowest since 2021?
Bitcoin silver linings are few and far between on short timeframes as BTC price bid liquidity dries up above $23,000. Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: "Waiting for a bit lower" Data from Cointelegraph Markets Pro and TradingView recorded lows of $23,871 on Bitstamp, with S&P 500 futures slipping under 4,000 ahead of the Wall Street open. Bitcoin bulls had lost ground after the U.S. holiday weekend, which ended in weakness across equities and a failed attempt to flip $25,000 to support. For Cointelegraph contributor Michaël van de Poppe, who was hoping that the correction would be short lived, it was nonetheless time to wait and see. " Markets correcting as U.S. indices are also correcting at this point. This means, opportunities!" he told Twitter followers on the day. "I think I'll be waiting for a bit lowe...