Bitcoin Nears $100,000 After “Monster” Price Bounce

CoinMarketCap09:24

Bitcoin (BTC) approached the $100,000 milestone on Dec. 21, following a dramatic price rebound that delivered significant upside momentum. Data from Cointelegraph Markets Pro and TradingView showed ...

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it happened in every major leg up until the first local top,” he explained, referencing past price correlations.\nAt the time of writing, Bitcoin’s daily RSI stood at 52, maintaining its position above the critical midpoint of 50.\nDuring bull markets, Bitcoin’s RSI often remains above the overbought threshold of 70 for extended periods.\nWhile Bitcoin’s resurgence neared $100,000, it came too late for U.S. spot Bitcoin exchange-traded fund (ETF) investors.\nOn Dec. 20, ETFs experienced net outflows of nearly $300 million, with the iShares Bitcoin Trust (IBIT) recording its largest single-day outflow of $72.7 million.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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