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New year, same ‘extreme fear’ — 5 things to watch in Bitcoin this week -Breaking

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© Reuters.

(BTC() commences its first full week in 2022 on familiar ground below $50,000

After ending December at $47,200 — far below the majority of bullish expectations — the largest cryptocurrency has a lot to live up to as signs of a halving cycle peak remain nowhere to be found.

U.S. Inflation Chart. Source: Tradingeconomics.com
Bitcoin dominance 1-week candle chart. Source: TradingView
Chart showing the SOPR (moving average of 30 days) Bitcoin short-term holder. Source: Capriole
Bitcoin rate chart. Source: MiningPoolStats
Bitcoin difficulty chart. Source: Blockchain
Crypto Fear & Greed Index. Source: Alternative.me
Crypto Fear & Greed Index vs. chart. Source: Ecoinometrics/Twitter (NYSE: