First Mover Asia: Bitcoin Sees Out the Year Near $47K Amid Low-Volume Spot Trading

Posted on by American Coins & Gold

First Mover Asia: Bitcoin Sees Out the Year Near K Amid Low-Volume Spot Trading
(Edited by Greg Ahlstrand and James Rubin)Good morning. Here’s what’s happening:Market moves: Bitcoin recovered some losses, charts turned short-term bullish.Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing a Nov. 12 column by CoinDesk Chief Content Officer Michael Casey on how crypto could play a larger role as a means of exchange.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $47,201 -0.8%Ether (ETH): $3,722 -0.18MarketsS&P 500: 4,778 -0.30%DJIA: 36,398 -0.25%Nasdaq: 15,741 -0.16%Gold: $1,814 +0.56%Market movesBitcoin remained near $47,000 on another day of…