Major cryptocurrency bitcoin (BTC) is starting a new week with a bang, but not in the right direction for the bulls.
A promising weekend, however, saw the pair receive warnings of spurious “after hours” price moves, which ultimately proved timely as the weekly close sent the pair down over $1,000.
At $37,900, even that close was not enough to satisfy analyst demands, and the all-too-familiar range-bound behavior bitcoin has exhibited throughout January continues.
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