$BTC
7 hours ago
$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week
From a $105,000 weekly close to 30 metrics seeing no end in sight for the bull market, Bitcoin is keeping moonshot hopes alive this week.
$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week
Markets News
COINTELEGRAPH IN YOUR SOCIAL FEED
Subscribe on
Follow our
$Bitcoin
$BTC
$107,673
starts a new week in full recovery mode as bulls erase Israel-Iran losses. What’s next for BTC price action?
A solid weekly close and a trip past $107,000 put BTC/USD in a strong position as Wall Street returns.
A tense Fed interest rate decision is due, amid fears that an oil price surge could add to inflation.
In a rare show of solidarity, both Bitcoin whales and retail investors are staying in “hodl” mode at current prices.
Perp markets continue to display a discount to spot, leading to expectations of a short squeeze resulting.
$BTC price targets are conspicuously bullish, with $200,000 or more still on the table and no technical signs of a long-term top.