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BTC ‘likely’ to repeat Q4 2020 move — 5 things to watch in Bitcoin this week -Breaking

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© Reuters

(BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall?

Many are frustrated by the third-monthly correction, however, analysts say that conditions could soon allow for another charge against opportunistic bulls.

annotated diagram. Source: Rekt Capital/ Twitter (NYSE:)
Bitcoin Volatility Index Chart. Source: Buy Bitcoin Worldwide
Chart showing new Bitcoin entities (31-day EMA). Source: TXMC Trades/Twitter
Global Google (NASDAQ;) search data on “Bitcoin.” Source: Google Trends
Annotated Chart (7-day MA): Bitcoin miner transaction fee revenue percentage Source: Blockwise/Twitter
Crypto Fear & Greed Index. Source: Alternative.me
Annotated chart showing the profit/loss ratio of Bitcoin. Source: On-Chain College/ Twitter