Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two months of 2023. As the holiday season approaches, anticipation in the cryptocurrency world heightens for the annual phenomenon known as the “Santa rally.” Amidst this festive period, market dynamics tend to shift. This season, there…
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It’s not all doom and gloom for Bitcoin bulls this year — gains are still 100% versus last Christmas. Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
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Modest bullishness arguably is what now characterizes the market after some 6% gains overnight for Bitcoin. Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a “Santa rally” coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC sees potent long-term retest Data from Cointelegraph Markets Pro…
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