Bitcoin

Bitcoin (BTC) starts a new week near $51,000 as the end of 2021 draws near and traders down tools for the holidays.

After a $50,000 Christmas, Bitcoin continues to take stock of a year in which it has gone from $29,000 to $69,000 and halfway back again.

Expectations were certainly not for such eerie calm to round out December — a blow-off top, the majority argued, should have already taken the market to $100,000 and beyond.

Instead, after dipping to $41,800, a slow grind through familiar territory is how Bitcoin appears to be finishing off what has been a post-halving year full of surprises.

With mixed emotions characterizing the end of Q4, Cointelegraph takes a look at what could shape BTC price action for the remaining few days of 2021.

Bitcoin on shorter timeframes: “Gently does itDespite concerns that thin liquidity could spark increased spot price volatility during the holiday season, so far, the opposite is true  Bitcoin is quiet, possibly too quiet.The weekend saw little by way of unusual price moves, with abrief dip below $50,000 subsequently returning to the upside.At the time of writing, $51,000 is forming a focus once more, with limited action up or down, data from

Cointelegraph Markets Pro and TradingVi shows.