🎄 Bitcoin celebrates Christmas with a surge to $98K! 📈
- BTC/USD skyrocketed by $4K/day, traders are optimistic about the bullish trend.
- Skew notes that the 4h RSI shows good momentum, BTC/USD may bounce back.
- The price currently sits between the 21-day SMA ($99,600) and the 50-day SMA ($94,650). Which way do you think will break first? 🤔
The US Bitcoin ETF recorded a record outflow of $1.5B in 4 days. However, the US market is on holiday, allowing BTC to temporarily escape selling pressure.
CryptoQuant: Korean Bitcoin buyers are back! 🇰🇷
- Demand from South Korea has surged, with the Kimchi Premium reaching 5.12, indicating significant interest from Korean investors.
What do you think about the current BTC trend? Share your thoughts! 💬