đ Bitcoin Update: BTC Finds Support Amid Market Correction đ
- Bitcoin (BTC) has entered a technical correction, finding support at the 50-day moving average.
- BTC price dipped to $94,830, down over 12% from its monthly high, as the anticipated Santa Claus rally fizzled out.
- Trading volume dropped significantly during the holiday season, with Sundayâs volume at $22 billion, compared to $41 billion the previous day.
- The Federal Reserveâs hawkish stance and sluggish ETF inflows have added pressure.
- Will BTC experience a January effect? Share your thoughts below! đđŹ
