(BTC) starts a new week at new 2023 highs, but still divides opinion after a blistering price rally.
In what is shaping up to be the antidote to last year’s slow bleed to lower prices, January has delivered the volatility Bitcoin bulls were hoping for — but can they sustain it?
1-day candle chart (Bitstamp) with 21-week MA. Source: TradingView (DXY) 1-day candle chart. Source: TradingViewFed target rate probabilities chart. Source: CME Group (NASDAQ:)Bitcoin vs. Fed funds rate chart. Source: Ram Ahluwalia/ TwitterGBTC premium vs. asset holdings vs. BTC/USD chart. Source: CoinglassBitcoin network fundamentals overview (screenshot). Source: BTC.comBitcoin miner BTC balance chart. Source: GlassnodeBitcoin difficulty regression model chart. Source: GlassnodeCrypto Fear & Greed Index (screenshot). Source: Alternative.meBTC accumulation annotated chart. Source: Santiment/ Twitter
(BTC) starts a new week at new 2023 highs, but still divides opinion after a blistering price rally.
In what is shaping up to be the antidote to last year’s slow bleed to lower prices, January has delivered the volatility Bitcoin bulls were hoping for — but can they sustain it?
1-day candle chart (Bitstamp) with 21-week MA. Source: TradingView (DXY) 1-day candle chart. Source: TradingViewFed target rate probabilities chart. Source: CME Group (NASDAQ:)Bitcoin vs. Fed funds rate chart. Source: Ram Ahluwalia/ TwitterGBTC premium vs. asset holdings vs. BTC/USD chart. Source: CoinglassBitcoin network fundamentals overview (screenshot). Source: BTC.comBitcoin miner BTC balance chart. Source: GlassnodeBitcoin difficulty regression model chart. Source: GlassnodeCrypto Fear & Greed Index (screenshot). Source: Alternative.meBTC accumulation annotated chart. Source: Santiment/ Twitter
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