Bitcoin dominance bounces back as BTC price attempts $44K breakout

Bitcoin buyers stage an assault on weekly range resistance as short-term BTC price targets call for new 2023 highs.

Bitcoin (BTC) sought to overcome weekly range resistance on Dec. 20 as BTC price strength battled altcoins for supremacy.

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared $44,900 after the Wall Street open.

After dropping to near $40,000 at the start of the week, Bitcoin staged a comeback to cause traders to reconsider the likelihood of steeper downside.

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