In December, US$2.9 billion were settled in #Bitcoin , but this adjustment prepares the cryptocurrency to reach new highs. Traders are less likely to buy during overbought market signals.
Traders fear that the price of Bitcoin may crash after the 72% increase in three months, but this short-term analysis does not take into account that the #ETF of BTC in the #EEUU added over US$15 billion in assets since October 10, indicating strong support for its price.