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Bitcoin price starts 2022 at $ 47,200, and new research attributes performance to exodus of traders from China

January 2, 2022
Source: thegoaspotlight.com thegoaspotlight.com
News Snapshot:
Bitcoin (BTC) bears lost in the last minute as 2021 came to a close, and consensus is growing around China being the reason for the decline again.. China’s “last hammer” could now provide BTC with optimism Hours before the annual close, the BTC / USD pair plummeted $ 2,000 to lows of $ 45,630 on Bitstamp before a modest recovery closed to 2021 at $ 47,200, data from Cointelegraph Markets Pro and TradingView show. Although this is something of an anticlimax and falls far short of many popular projections, The lack of a parabolic rise in the price of Bitcoin...
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