HomeUncategorizedMost ‘fear’ in 3 months as $26.4K becomes key — 5 things to know in Bitcoin this week By Cointelegraph

Most ‘fear’ in 3 months as $26.4K becomes key — 5 things to know in Bitcoin this week By Cointelegraph

June 19, 2023

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(BTC) emerges from a hectic macro week to circle some classic trend lines near $26,000 — what could happen next?

After some brutal tests of traders’ resolve over the past seven days, the BTC price is still determined to hold familiar ground.

annotated chart. Source: Koala/Twitter
BTC/USD annotated chart. Source: Credible Crypto/Twitter
BTC/USD 1-day candle chart on Bitstamp with 200-week MA. Source: TradingView
Bitcoin STH data annotated chart. Source: Glassnode/Twitter
GBTC premium vs. asset holdings vs. BTC/USD chart (screenshot). Source: CoinGlass
ARK Invest GBTC holdings chart (screenshot). Source: Cathie’s ARK
Crypto Fear & Greed Index (screenshot). Source: Alternative.me