Bitcoin bulls everywhere may be in for a green Christmas as BTC price action sees a snap rebound.
Bitcoin (BTC) passed $98,000 after the Dec. 24 Wall Street open as “large spot buyers” lifted deflated BTC price action.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $98,020 on Bitstamp.