HomeUncategorized‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week By Cointelegraph

‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week By Cointelegraph

May 30, 2022

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‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week

(BTC) is bouncing back this week as a sudden surge challenges weekly highs.

In what should provide some desperately needed confidence to bulls, is back at weekly highs on May 30, gaining several percent overnight.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
futures 1-hour candle chart. Source: TradingView
. Source: Holger Zschaepitz/ Twitter (NYSE:)
Bitcoin vs. DXY annotated chart. Source: Crypto Rover/ Twitter
(DXY) 1-day candle chart. Source: TradingView
Bitcoin realized cap UTXO bands vs. BTC/USD chart. Source: Ki Young Ju/ Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me