Bitcoin bottom at $94K? BTC traders regroup after 'Kimchi premium' flash crash

BTC price performance is slowly making market observers more bullish on Bitcoin on short timeframes.

Bitcoin (BTC) bounced from weekly lows on Dec. 4 as analysis demanded a reclaim of the weekly open.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD was approaching $97,000, which is up 1% on the day.

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