Bitcoin gains after $46K drop as ‘bottoming out’ continues into 2022 By Cointelegraph

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(BTC) recovered from fresh lows on Dec. 30 as markets remained undecided on their end-of-year trajectory.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $47,731 on Bitstamp, reversing almost all of the previous day’s losses.

Bitcoin futures open interest chart. Source: Coinglass