SEC, CPI and a 'strong rebound': 5 things to know in Bitcoin this week
Bitcoin faces a week full of potential price triggers — both up and down — as BTC price action drops below a major trend line. Bitcoin (BTC) starts a “massive” week in a precarious position as key support stays out of reach for bulls. After fresh losses across crypto markets over the weekend, BTC/USD closed the week below $26,000 for the first time in three months. Both Bitcoin and altcoins continue to struggle thanks to legal battles raging in the United States and their impact on sentiment. Fragile markets will now encounter a slew of volatility triggers, however, as U.S. macro data releases accompany the next steps in the crypto legal debacle. In what promises to be five days full of surprises, traders will likely experience none of the lackluster sideways price action which was characteristic of crypto markets before the U.S. upheaval. How will the coming week shape up? Cointelegraph takes a look at the major things to consider when it comes to Bitcoin and wider crypto market pri...