Daily Trade News

‘Bull market distribution has begun’ — 5 things to watch in Bitcoin



© Reuters.

(BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute.

A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000.

Bitcoin LTH position change chart. Source: William Clemente/ Twitter (NYSE:)
Bitcoin hash rate raw data chart. Source: MiningPoolStats