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One more Bitcoin price dip? BTC may fall again before 'slow grind up,' warns analyst
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Bitcoin (BTC) rebounded to near $50,000 on Dec. 5 as traders continued to take stock of recent events.
Data from Cointelegraph Markets Pro and TradingView followed a less volatile BTC/USD as it rose to $49,777 on Bitstamp before consolidating.
Fresh off a crash to $41,900 early Saturday, the pair stabilized as the market digested what was the latest giant deleveraging event to hit Bitcoin this year.
TLDR of what happened last night: Open interest being built up for weeks + a regime of positive
Read more on cointelegraph.comAbout this in other media
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