Bitcoin’s rebound from this week’s flash crash reset key price metrics and paved a path for BTC to chase after the $115,000 level.
Bitcoin’s price has swiftly recovered above $100,000 after a flash crash cast a wick down to $90,500 on Dec. 5.
Bitcoin 4-hour chart. Source: Cointelegraph/TradingView
Despite the 14% plunge from its all-time high of $104,600, Bitcoin (BTC) has rallied by 4.57% on the daily chart, maintaining a bullish position above each exponential moving average (EMA) level on the four-hour chart.
