First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers’ Stocks; Bitcoin Springs to 3-Month High – CoinDesk

On the weekly chart, BTC established a higher price low relative to the June 2021 bottom around $28,800. The latest cycle low was achieved this year on Jan. 24 at $33,100, indicating renewed buying strength. Further, momentum signals are on the verge of turning positive, which could support a short-term relief rally.

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