Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market Post author:MiamiCrypto Post published:December 9, 2021 Post category:Bitcoin Price / BTC Markets / Cryptocurrencies / Cryptocurrency Exchange / Market Update / Markets Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early bull-market from 2017. You Might Also Like Ethereum price moves toward $3K, but pro traders choose not to add leverage February 28, 2022 Will Bitcoin price hold $26K ahead of monthly $3B BTC options expiry? September 27, 2023 BNB could jump over 360% to $2,775 by 2028, Standard Chartered predicts May 6, 2025