All-time high weekly close — 5 things to watch in Bitcoin this week
An exciting week begins with Bitcoin back challenging all-time highs and ETFs seeing a potential U.S. launch. Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later.With that, Bitcoin has preserved not only its bullish trajectory but has also sealed its highest weekly close ever — around $61,500.As the market braces for a possible start of trading for the United States’ first Bitcoin....
Related News
A charge into the weekly close delights analysts as "Moonvember" looks set to continue — can anything spoil bulls' fun? Bitcoin (BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute.A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000.It is a classic move that has become all too familiar in recent weeks, and attention is now focusing on bullish outcomes once again.With Wall Street still to open, Monday has yet to set the tone for the third week of....
A surprise surge greets BTC hodlers at the start of the new week with $65,000 suddenly returning overnight. Bitcoin (BTC) starts a new week on a high in more ways than one as BTC/USD seals its highest ever weekly close.After days of painfully slow progress, Bitcoin finally put in a breakout move to the upside to pass crucial levels.Now ready to go “parabolic,” some argue, the largest cryptocurrency is now firmly back on the radar of traders after a week dominated by record highs in altcoins.Will “Moonvember” start to live up to its name? Cointelegraph takes a look at what could end up....
Bitcoin has plenty of obstacles to weather in the current macro storm as two-year weekly close lows remain inches away. Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood.After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system.Last week proved a testing time for risk asset investors, with gloomy economic data flowing from the United States and, moreover, Europe.The Eurozone thus provides the backdrop to the latest concerns....
Here's what we are looking at in the bitcoin price for the weekend ahead. It’s that time of the week again – the Friday close. We’ve had a pretty up and down week this week. The beginning of the week gave us some opportunities to get in according to the rules of our standard breakout strategy, and we drew a couple of nice profits before – mid week – things got a bit choppy. We tried to play a short term intrarange scalp strategy, but didn’t really have that much luck, and over the last forty-eight hours or so things have been pretty quiet. Sideways trading has dominated, and we’ve not....
Here's a look at what we are focusing on in the bitcoin price this morning. So, we are a little into the Europeans session on Wednesday, and it’s been an interesting week so far. Things have been up and down, and we’ve been chopped out a couple of times, but we’ve also managed to get in and out according to our intraday strategy for some nice wins. Midway through the week is where we start to look towards the close of play, and see how our net position is looking likely to play out. Things look ok right now for a weekly net gain, so we are going to go for a real tight range on the session....