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Bitcoin sees worst monthly close in 2 years as traders watch $16.7K

(BTC) attempted to flip $17,000 to support on Dec. 1 after sealing its lowest monthly close in two years.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $17,100 in a second intraday charge at higher levels.

BTC/USD monthly returns chart (screenshot). Source: Coinglass
BTC/USD annotated chart. Source: Crypto Tony/ Twitter