$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week


7K fakeout or new all-time highs? 5 things to know in Bitcoin this week


Bitcoin is already testing traders’ nerves and pockets as the highest weekly close ever was followed by a dive back to $102,000.

Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000. 

BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come?

The May 18  daily and weekly close nonetheless became Bitcoin’s highest ever.

Read more



Source link