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‘I think BTC is ready’ — 5 things to watch in Bitcoin this week -Breaking

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© Reuters.

(BTCA new week begins on ground less than $50,000. But, there is a lot of anticipation for significant disruption.

After a fresh push above $50,000 ended in rejection, is keeping traders guessing till the last when it comes to near-term price action — including the end-of-year close.

BTC/USD 1-hour candle charts (Bitstamp). TradingView
Bitcoin stock to-flow vs. BTC/USD Chart Source: PlanB/Twitter
Chart of the Fed’s balance sheet. Source: Federal Reserve
BTC/USD balance annotated chart. Source: Cole Garner/Twitter
BTC/USD and whale CVD annotated charts Source: Cole Garner/Twitter
Chart of Bitcoin ETF Holdings. Source: Coinglass
Crypto Fear & Greed Index. Source: Alternative.me
BTC/USD chart annotated Source: William Clemente/Twitter