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Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K -Breaking

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On Dec. 6, the wider crypto ecosystem was in fear after the market selloff on December 3. This continues to ripple across the entire sector.BTCThe price of the () remains below $50,000

Source: Cointelegraph Markets Pro TradingViewThe BTC price is still above $49,000, but bulls seem to be able to keep it there. However, the overall outlook indicates that more days of consolidation may come.

BTC/USDT 4-hour chart. TradingView
1-week chart. Source: Twitter (NYSE :
BTC/USD 1-day chart. Source: Twitter