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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 ),

The bulls are now feeling some confidence, as they have risen several percentages overnight to their weekly highs of May 30, which should be enough to give them some relief.

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