fredy114
New member
Data from Cointelegraph Markets Pro and TradingView followed a choppy overnight period for the BTC/USD pair, with bulls hoping for clearer validation of recent gains.
After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb 4, jumping 10% at the open, while Meta (FB) dipped further.
Bitcoin Price Rebounds After Amazon Stock Gains 15%
In what has become a growing focus among analysts, curiously volatile tech stocks showed little sign of stabilizing at the opening bell.
Bitcoin, after losing $800 in the previous hour, recovered all of those losses and more, underscoring its positive correlation with stocks.
“No more posts about stocks, telling you again how boring Bitcoin is,” Wolf of All Streets podcast host Scott Melker joked to Twitter followers, revealing that he had bought FB at the Feb. 4 price.
The general state of the market, however, was not overlooked.
I think it's a great buying opportunity. I bought 100 $BTC at 37.2 and 400 more yesterday, and will continue to spike lower."
After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb 4, jumping 10% at the open, while Meta (FB) dipped further.
Bitcoin Price Rebounds After Amazon Stock Gains 15%
In what has become a growing focus among analysts, curiously volatile tech stocks showed little sign of stabilizing at the opening bell.
Bitcoin, after losing $800 in the previous hour, recovered all of those losses and more, underscoring its positive correlation with stocks.
“No more posts about stocks, telling you again how boring Bitcoin is,” Wolf of All Streets podcast host Scott Melker joked to Twitter followers, revealing that he had bought FB at the Feb. 4 price.
The general state of the market, however, was not overlooked.
I think it's a great buying opportunity. I bought 100 $BTC at 37.2 and 400 more yesterday, and will continue to spike lower."
