Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a “Santa rally” coming true for Christmas.
BTC sees potent long-term retest
Data from Cointelegraph Markets Pro and TradingView saw BTC/USD preserve its gains from Thursday, these totalling 6% with resistance most recently kicking in at just above $51,500.
Opinions were mixed among weary traders about the strength of the rally and whether it could…
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