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…


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