BITCOIN WILL BEGIN 2022 AT $47.2K, ACCORDING TO A NEW STUDY, AS THE PERFORMANCE IS ATTRIBUTED TO A TRADER EXODUS FROM CHINA.
Exchanges that de-platformed Chinese citizens before the December 31 deadline may have exacerbated BTC selling pressure. Bitcoin (BTC) bears missed out at the final minute as 2021 came to a conclusion — and agreement is forming around China as the source of weakness once more. China’s “final hammer” might potentially supply BTC bulls some hope. […]