Bitcoin price fails to retake $17K with market ‘not prepared’ for dip

Bitcoin price fails to retake $17K with market ‘not prepared’ for dip

Bitcoin (BTC) divided traders yet again on Dec. 21 as sideways BTC price action split opinion on the future.

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

$17,500 becomes popular BTC price targe

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it acted within a tight range just below $17,000.

A single brief spike above the $17,000 mark failed to last, the pair returning to familiar territory from the past week.

For popular traders, there was a lack of…


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