BTC price predictions diverge over the contentious ETF decision date, with many Bitcoin traders expecting a comedown after initial spike higher.
Bitcoin (BTC) tracked $42,500 into the 2023 yearly close as traders began to see “interesting” BTC price behavior.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD keeping volatility away during the final hours of the yearly candle.
After failing to secure a breakout of its December trading range, Bitcoin remained concerning for bulls ahead of the key legislative event to come early next month — the potential approval of the first United States spot price exchange-traded fund (ETF).
