Bitcoin (BTC) price jumped to $17,500 on Jan. 11, driving it to its highest level in three weeks. The price move gave bulls control of the $275 million BTC weekly options expiry on Jan. 13 because bears had placed bets at $16,500 and lower.
The recent move has perma-bulls and dip buyers calling a market bottom and potential end to the bear market but what does the data actually show?
Is the Bitcoin bear market over?
It might seem too pessimistic to say right now, but Bitcoin did trade below…
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