HomeUncategorizedBitcoin targets record 8th weekly red candle while BTC price limits weekend losses By Cointelegraph

Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses By Cointelegraph

May 22, 2022

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Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses

(BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held a narrow range after the Wall Street trading week.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
Bitcoin Pizza Index (screenshot). Source: Bitcoin Pizza Index