‘Huge bullish signal’ or ‘real crash?’ 5 things to know about bitcoin this week
(Bitcoin) is rebounding this week as the sudden rally challenges the weekly highs.
What should give the bulls the much-needed confidence is a return to weekly highs on May 30th and a multiple percent rally overnight.
BTC/USD 1-week candlestick chart (Bitstamp). Source: TradingView Hourly futures candlestick chart. Source: TradingView. Source: Holger Zschaepitz / Twitter (NYSE:)Bitcoin vs DXY Chart Explained. Source: Crypto Rover / Twitter (DXY) 1-day candlestick chart. Source: TradingViewBitcoin Realizes Upper Limit of UTXO Bands Against BTC/USD Chart. Source: Ki Young Joo / TwitterCrypto Fear & Greed Index (screenshot). Source: Alternative.meRead more on Coin Telegraph