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‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week -Breaking

by Mike Robinson

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‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week

(BTCAs a result of a sudden surge, weekly highs are being beaten back by ),

Bulls should feel reassured that the weekly highs were reached on May 30th, with a gain of several percent over night.

BTC/USD 1-week candle chart (Bitstamp). TradingView
Futures 1 hour candle chart. TradingView
. Source: Holger Zschaepitz/ Twitter (NYSE:)
DXY and Bitcoin annotated chart Source: Crypto Rover/ Twitter
(DXY) 1-day candle chart. Source: TradingView
Bitcoin realized cap UTXO bars vs. Bitcoin/USD chart. Source: Ki Young Ju/ Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me