BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes.
Bitcoin (BTC) bounced from weekly lows on Dec. 4 as analysis demanded a reclaim of the weekly open.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD was approaching $97,000, which is up 1% on the day.