Sunday, August 14

Bitcoin Battles Bears ‘On The Attack’ As Christmas Delivers $ 50,000 Gift For BTC By CoinTelegraph

© Reuters. Bitcoin battles bears ‘on the offensive’ as Christmas delivers $ 50,000 gift for BTC

(BTC) held $ 50,000 through December 25, as BTC bulls avoided a nasty surprise on Christmas Day.

1 hour candlestick chart for the pair (Bitstamp). Source: TradingView “Bears Turn Bulls” Short Term? Data from Cointelegraph Markets Pro and TradingView showed that BTC / USD held support at $ 50,000 over the weekend, having oscillated after local highs above $ 51,500.

The pair was calm as the holiday season began, with less liquidity yet to manifest itself in the form of volatile price movements.

Read the full article on Cointelegraph

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