#ChristmasMarketAnalysis Jinse Financial reported that Bitcoin (BTC) fell in quiet holiday trading after failing to sustain its recent rally led by expectations of a more friendly US policy under President-elect Trump, as the rise in BTC’s value has been on a downward trend lately. Although BTC’s bullish momentum has stalled, its value has already more than doubled this year, with some analysts predicting it could soon reach $150,000. BTC, as expected, moved back to around 93,600 and started a recovery in the 4-hours. Given the approaching Christmas, market data was not very strong and was hovering around 96,500.
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