Bitcoin (BTC) continued to hold high on December 23 as strong trading activity continued to clash.
BTC / USD 1 hour candlestick chart (Bitstamp). Source: TradingView
Hodler is very active in collecting
Data from Cointelegraph Markets Pro and TradingView show that BTC / USD could not hold $ 49,000 after hitting a 10-day high.
The pair remained in a trading zone of only $ 4,000 in width, a necessary boost to boost bets that would affect a “cut-off” during the holidays.
Against declining shipping, the data boosted customer confidence, selling at about three times higher than inflation rates. new BTC sold.
“HODLs with a strong hand spend more than three times the amount of coins mined daily,” Glassnode research firm compiles in its latest issue of its weekly newsletter, “The Week On-Chain . ”
Glassnode added that at a price of $ 47,000, more than a quarter of the BTC supply is underwater compared to the last time it was raised.
According to Cointelegraph, volatility up or down in BTC / USD will increase in the new year due to a reduction in activity to make the currency easier to enter.
Among retailers, $ 50,000 is still to be considered for the restoration of a more robust situation.
The “Santa rally” is coming to XRP as altcoins change
With altcoins, interest Wednesday has declined, and only two of the 10 cryptocurrencies from the major stock markets are still green daily. of writing.
Application: 12/22 Price review: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
The XRP index, which continued to earn more than 18% weekly, returned to $ 1 for the first time since early December. Ether (ETH) returned less than $ 4,000.
XRP / USD moligao chart one day (Bitstamp). Source: TradingView
For Cointelegraph donor Michaël van de Poppe, however, the signals coming out of the start of the new year made buying this week a tough one.
“Many weekly charts are organized neatly with altcoins,” he told Twitter.