Bitcoin holds $50K as analyst says weekly timeframes affirm bull market stays intact By Cointelegraph

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(BTC) retained $50,000 as help in a single day into Dec. 8 amid confidence that the 2021 bull market was not but over.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD testing however failing to crack by way of $50,000 after reaching native highs of $51,990 on Bitstamp Tuesday.

BTC/USD 1-week annotated candle chart (Coinbase (NASDAQ:)). Supply: Rekt Capital/YouTube