BTC price predictions diverge over the contentious ETF decision date, with many Bitcoin traders expecting a comedown after initial spike higher.
Bitcoin (BTC) tracked $42,500 into the 2023 yearly close as traders began to see “interesting” BTC price behavior.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD keeping volatility away during the final hours of the yearly candle.
After failing to secure a breakout of its December trading range, Bitcoin remained concerning for bulls ahead of the key legislative event to come early next month — the potential approval of the first United States spot price exchange-traded fund (ETF).
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Source: https://cointelegraph.com/news/btc-price-42k-2023-close-bitcoin-og-says-etf-not-priced-in