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Bitcoin tests annual moving average as $100K by Christmas requires ‘little wonder’ By Cointelegraph

© Reuters.

(BTC) prepared a face-off with an essential moving average (MA) rate pattern on Dec. 19 with time going out for a strong 2021 close.

1-hour candle light chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView revealed BTC/USD trading at $47,000 Sunday, still strongly in a recognized variety.

BTC/USD 1-week candle light chart (Bitstamp) with 52-week MA. Source: TradingView