‘The bond market bubble has burst’ — 5 things to know in Bitcoin this week

(BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years.

As risk assets across the global economy take a hammering and the U.S. dollar surges, the largest cryptocurrency is on a limp footing.

1-week candle chart (Bitstamp). Source: TradingViewBTC/USD 4-hour candle chart (Bitstamp). Source: TradingView 1-day candle chart. Source: TradingView (DXY) 1-month candle chart. Source: TradingViewBitcoin 90-day Coin Days Destroyed (CDD) annotated chart. Source: Glassnode/ Twitter (NYSE:)Bitcoin HODL Waves annotated chart. Source: Glassnode/ TwitterBitcoin whale resistance annotated chart. Source: Whalemap/ TwitterBitcoin whale ownership annotated chart. Source: Santiment/ TwitterCrypto Fear & Greed Index (screenshot). Source: Alternative.meBitcoin social dominance annotated chart. Source: Santiment/ Twitter

Continue Reading on Coin Telegraph

Source link