Bitcoin tests yearly moving average as $100K by Christmas needs ‘small miracle’ By Cointelegraph1 min read

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© Reuters.

(BTC) prepared a showdown with a key moving average (MA) price trend on Dec. 19 with time running out for a strong 2021 close.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at $47,000 Sunday, still firmly in an established range.

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