Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility.
Analyst weighs prospect of “fakedown” toward $40,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the previous day’s levels near $47,000 on Binance at the time of writing.
The repeated dips had failed to unsettle market participants, who now turned to the…
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