5 things to watch in Bitcoin this week By Cointelegraph

5 things to watch in Bitcoin this week By Cointelegraph


Dollar dip meets hash rate boom: 5 things to watch in Bitcoin this week

(BTC) starts the week above $11,000 as fresh gains continue to hold — is $12,000 next or will bears gain control?

Cointelegraph takes five factors that could help decide whether this week is bullish or bearish for BTC price action.

U.S. dollar currency index six-month chart. Source: TradingView
Bitcoin vs. three-month chart. Source: Skew
Bitcoin seven-day average hash rate one-month chart. Source: Blockchain
Crypto Fear and Greed Index three-month chart. Source: Alternative.me