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What December 2021 will be like for this evolving Bitcoin market
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The market-wide crash in the last week of November saw BTC drop to a 50-day low of $53.3K. Thereafter, the coin started to rebound amid an influx of bullish news from across the market. November, a month that was supposed to reap close to 40% gains for Bitcoin saw the coin dip by over 20% as anticipations of a Moonovember faded away.
Even so, the king coin made a monthly close above $60K reassuring the market of a decent run ahead.
On November 29, Bitcoin’s price finally picked up noting close to 4% gains as the monthly candle closed above the $60K mark. While the larger market seemed to take a rather bearish tone over the last couple of weeks, data from Glassnode highlighted how Bitcoin’s 17% fall from ATH made the recent correction the
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