Bitcoin rises beyond $48Kas this historical indicator turns bullish Bitcoin BTC
a crypto trader and economist, noted in a recent tweet that for the past four years straight, Bitcoin enjoyed positive returns in the first week of January, ranging from 7% to 36% between 2018 and 2021.
Most cryptocurrencies were adding value at press time, with Terra LUNA, Aave and Cosmos outperforming in the last 24 hours.Mixed signals continue to trail the Bitcoin market, as the majority of participants seem to remain undecided about the near-term outlook for Bitcoin . Traders seem to be awaiting a significant move in either direction before planning their next entry point. The $53K mark remains a significant barrier on the upside.
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