Bitcoin’s Path to $105K January Rally Hinges on Higher Trading Volume
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Bitcoin’s daily volume remains 91% lower than the $743 million on Dec. 5, when BTC first surpassed the $100,000 milestone.
Bitcoin analysts are forecasting an imminent recovery rally despite signs of holiday-driven market illiquidity that contributed to December’s price correction.
Bitcoin is currently down over 10% from its $108,300 all-time high recorded on Dec. 17. The world’s first cryptocurrency has been trading under $100,000 since Dec. 19
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