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BTC sentiment ‘comparable to a funeral’ — 5 things to watch in Bitcoin this week -Breaking

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© Ink Drop

(BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900.

The modest recovery of the economy is being challenged by a formidable opposition, starting with $50,000.

1-hour candlechart (Bitstamp). TradingView
Open interest chart for Bitcoin futures. Source: Coinglass
Chart showing the gap in futures 1 hour candle. TradingView
Crypto Fear & Greed Index. Source: Alternative.me
Chart of the Bitcoin hash rate. Source: MiningPoolStats
Chart of the 7-day Bitcoin average hashrate. Source: Blockchain