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Bitcoin holds off on Santa rally as fund forecasts a new year 'short squeeze'
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Bitcoin (BTC) stayed rangebound after hitting ten-day highs on Dec. 22 amid fresh warnings over market "complacency."
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it consolidated after coming within $400 of $50,000 overnight.
Bulls were up against a significant sell wall around the psychologically significant level, with analysts calling for $50,500 to hit and hold in order to flip positive on short timeframes.
"Today the seas will be parted making way for a shot at a
Read more on cointelegraph.comAbout this in other media
Bitcoin holdings of public companies have surged in 2021 cointelegraph.com /2 years ago
New year, same 'extreme fear' — 5 things to watch in Bitcoin this week cointelegraph.com /2 years ago
Cryptocurrency Prices Today: Markets ring the new year in red as Bitcoin, Solana fall moneycontrol.com /2 years ago
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