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All-time high weekly close — 5 things to watch in Bitcoin this week
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Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.
After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later.
With that, Bitcoin has preserved not only its bullish trajectory but has also sealed its highest weekly close ever — around $61,500.
As the market braces for a possible start of trading for the United States’ first Bitcoin exchange-traded funds (ETFs), volatility is all but guaranteed, say analysts.
Cointelegraph takes a look at five things to consider in the week that BTC/USD squares up to all-time highs and institutional access takes a historic leap forward.
Just when it seemed that the run to
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