HomeUncategorizedBitcoin bulls protect $17K as trader eyes key China BTC price catalyst By Cointelegraph

Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst By Cointelegraph

December 10, 2022

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© Reuters

(BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data.

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

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded sideways after the close of trading on Wall Street.

(DXY) 1-day candle chart. Source: TradingView
China 10-year bond yield vs. BTC/USD annotated chart. Source: TechDev/ Twitter