Bitcoin faces a giant inefficiency on short timeframes as a week full of potential volatility starts with a wobble.
Bitcoin (BTC) saw its first weekly close above $100,000, which was a volatile start to a new trading week.
Bitcoin saw a last-minute surge on Dec. 8, allowing it to set a new record weekly close above $100,000.
The first-ever close in six figures, the event was short-lived, with BTC/USD heading below $99,000 and trading down 2.8% on the day at the time of writing, per data from Cointelegraph Markets Pro and TradingView.
