$107K fakeout or new all-time highs? 5 things to know in Bitcoin this week
Bitcoin is already testing traders’ nerves and pockets as the highest weekly close ever was followed by a dive back to $102,000.
Bitcoin (BTC) starts a new week with a long-awaited breakout from a narrow trading range around $103,000.
BTC price action grabs liquidity before reversing to its starting position, liquidating many an emotional trader on the way. A fakeout or a taste of things to come?
The May 18 daily and weekly close nonetheless became Bitcoin’s highest ever.
About The Author
