Bitcoin battles bears ‘on offense’ as Christmas delivers a K BTC gift

Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift

Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

“Bears become bulls” short term?

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500.

The pair was calm as the holiday season got underway, with thinner liquidity yet to show itself in the form of volatile price moves.

With most…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *