šŸŽ‰ Bitcoin Update: BTC Finds Support Amid Market Correction šŸŽ‰

- 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 Sundayā€™s volume at $22 billion, compared to $41 billion the previous day.

- The Federal Reserveā€™s hawkish stance and sluggish ETF inflows have added pressure.

- Will BTC experience a January effect? Share your thoughts below! šŸ“ˆšŸ’¬