Bitcoin traders see breakout as bulls cling to $44K in ETF countdown

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BTC price action is due a sea change in the coming days thanks to the Bitcoin ETF, while U.S. inflation data is also inbound.

Bitcoin (BTC) focused on $44,000 into its first weekly close of 2024 as multiple new volatility catalysts lined up.

Data from Cointelegraph Markets Pro and TradingView showed narrowing volatility in BTC price performance over the weekend.

Markets remained nervous as to how BTC/USD might react to the approval or denial of the United States’ first spot Bitcoin exchange-traded fund (ETF) — a decision due by Jan. 10.

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Source link Coin Telegraphs

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