BTC price hits $38K as Bitcoin analysts focus on weekly close By



© Reuters.

(BTC) staged new retests of $38,000 resistance on Jan. 26 as optimism increased over a potential recovery to $40,000 and higher.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued the rebound that began on Monday.

1-hour candle chart (Bitstamp). Source: TradingView

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