Bitcoin starts in 2022 at $ 47.2,000 as new research confirms the performance of the exodus of traders in China By Cointelegraph


© Reuters.

(BTC) the bears lost at the last minute as 2021 drew to a close – and a consensus is building around China which is once again the cause of the weakness.

1 hour candle chart (Bitstamp). Source: TradingView

Hours before the annual close, BTC / USD plunged from $ 2,000 to $ 45,630 on Bitstamp before a modest rally pulled a line below 2021 to $ 47,200, data from Cointelegraph Markets Pro and TradingView shows.

Bitcoin exchange BTC balance table. Source: Coinglass

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