Bitcoin (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected.
Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day.
The outlook could hold many a surprise — Coronavirus nerves remain, as macro markets hint before the open, and sellers still have the option of taking advantage of leveraged optimists on the back of the latest gains.
With everything to play and the monthly close due in under 48 hours, Cointelegraph takes a look at the numbers to see what could shape Bitcoin price performance this week.
Just three days after losing $6,000 in a single daily
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