ICYMI: Bitcoin traders are now anticipating a new price recovery in the first week of 2022 BTC $BTC BTCprice
Bitcoin faced rejection after reaching highs of $52,100 on Dec. 27, shedding nearly 10% to lows of $46,643 on Dec. 29. At press time, Bitcoin was exchanging hands at $46,900, down 5% in the last 24 hours.
Bitcoin is presently down 17.76% for December, with only two days left till the end of 2021. Bitcoin's chances of ending December on a positive note remain quite slim. a cryptoanalyst and economist, argues that all hope is not lost, based on historical data. He mentioned that Bitcoin has historically performed well in the first week of the year, referring to this as the"first week of the year effect."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Institutions Likely to Invest More in Bitcoin and Crypto Companies in 2022: Genesis's Noelle AchesonNoelle Acheson from Genesis expects financial institutions to accelerate their investments in both crypto assets and crypto companies next year
Read more »
From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022With heightened regulatory scrutiny and intense price fluctuations, some analysts are bearish on bitcoin's prospects.
Read more »
2022 look ahead: How long will supply chain issues persist in the new year?About 80% of Texas businesses told the Dallas Fed they see no improvements in the supply chain to worsening significantly before conditions normalize.
Read more »
The Most Anticipated Pop Albums Of 2022: Taylor Swift, BTS, Camila Cabello And Harry StylesWill Taylor Swift release two pop albums in 2022?
Read more »
Robert Pattinson and Dwayne Johnson Top Fandango's Most-Anticipated New 2022 Performances SurveyWith a number of 2021's most anticipated movies being delayed until 2022 due to the coronavirus [...]
Read more »
Dallas-Fort Worth’s most exciting new restaurants and bars opening in 2022Prime rib. Pricey Italian. Ice-cold martinis. Soul food. Tacos. And pizza.
Read more »