Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it circled $19,600 at the time of writing.
The pair had seen a bout of more volatile behavior the day prior, briefly losing $19,000 before bid support took the market higher.
The day looked to be an important one for the bulls with the monthly close combined with European Consumer Price Index (CPI) data.
Geopolitical events involving Russia’s official annexation of Ukrainian territory and associated implications were also on traders’ radars. Russian President Vladimir Putin was expected to speak at a ceremony during which he would formally ratify four Ukrainian regions joining Russia.
