Bitcoin (BTC) clipped $44,000 later on Dec. 5 as the Wall Street trading session delivered more snap BTC price gains.

BTC/USD 1-hour chart. Source: TradingViewBitcoin applies more pressure to the bears

Data from Cointelegraph Markets Pro and TradingView followed a fresh round of upside for Bitcoin as it outpaced altcoins to reach $44,011 on Bitstamp.

Taking week-to-date gains to 10%, this marked its highest levels since early April 2022, and represented a key challenge to significant resistance.

As noted by popular trader and analyst Rekt Capital, $44,000 constitutes the high point of a range which has occurred several times since early 2021.

“Bitcoin has successfully revisited the Range…

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