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Bitcoin sees rapid recovery #crypto #Bitcoin #stocks #markets #news

Written by Paul de La Baume | Dec 21, 2021 10:04:44 AM

In a volatile session the leading crypto reverses course shooting back from ~45,600 to $48,600 currently. The sudden move may be attributed to the sudden reversal in risk-sentiment improving after strengthening stock markets, and bitcoin touching key support levels. The Relative Strength Indicator (RSI) currently stands close to ~44, well off the ground from its oversold level of ~30, touched on 10th of December.