Bitcoin Weekly (12/19/2022)

"Here comes Santa Claus, here comes Santa Claus"... Well maybe not! With a "Santa Rally" off the table it is hard to imagine how much worse things can get.

Bitcoin (BTC) has a pattern this year that is virtually unmistakable, drops hard on bad news, and then trades sideways until the next set of bad news. The problem with this pattern in 2022 is that there has been virtually no good news to drive the largest cryptocurrency higher. Even if there is some good news, investors see risk assets
By cryptomasterminer

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