Cryptocurrency (Apr 05, 2021 05:40AM ET)
The big $60K hodl is on: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming days?
After an average weekend which failed to deliver the breakout that many had hoped for, Bitcoin is clinging to the mid-$50,000 range.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC/USD halving price comparison chart. Source: William Clemente/ TwitterBTC miner net position change chart. Source: GlassnodePurpose Bitcoin ETF BTC holdings. Source: BybtBTC/USD stock-to-flow cross-asset (S2FX) chart as of April 4, 2021. Source: PlanB/ Twitter
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