Traders say Bitcoin run to $44K may be a relief bounce, citing a repeat of December’s ‘nuke’

Coinsandcoins
Jan 12, 2022

Bitcoin (BTC) may have rallied to $44,000 on the back of United States inflation data, but according to traders, there is little hope of a sustained comeback. In a Twitter discussion on Jan. 12, data analyst Material Scientist warned that significant downside may still return to Bitcoin price action. “Now we wait” Despite showing stength …

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