By Jordan Lyanchev The new business week has started on the right foot, as after a highly dull and sluggish weekend, bitcoin has finally charted a minor increase to $63,500. The following days have some important macro events in the United States that can further impact the market, albeit not as notable as the CPI […]
Tag: CPI
By Jordan Lyanchev The end of the week is here, which means that we will take a look at what happened in the past seven days, from the good, the bad, and the ugly price movements. Let’s begin from this time last Friday when bitcoin was actually fighting for the $65,000 level despite the latest […]
By Jordan Lyanchev Bitcoin’s breakout attempt faced another rejection at $65,000 earlier this week, and the bears appear to be in control once again, driving the asset south to under $63,000. One particular bear has garnered the community’s attention with massive short positions that they keep building on. Data provided by Lookonchain indicates that the […]