Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrow range as the week began, with traders split over short-term outcomes.
"It's just a matter of time before BTC breaks out, and the longer it takes the harder it will pump," popular Twitter account Galaxy summarized.
Such optimism was far from universal, however. For Cointelegraph contributor Michaël
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