# Bitcoin clings to $42K as key moving average break from July reappears
“# Bitcoin clings to $42K as key moving average break from July reappears ” Bitcoin (BTC) consolidated above $42,000 prior to Wall Street’s opening bell on Jan. 7 as more similarities to last year’s lows emerged. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC “very closely” mimicking May behavior Data from Cointelegraph Markets Pro and…