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Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K By Cointelegraph


© Reuters.

(BTC) traded close to $47,000 on Dec. 4 after a sudden crash confirmed bulls’ worst nightmares with 22% every day losses.

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

Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting native lows of $41,960 on Bitstamp — its lowest since Sep. 30.

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

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