ETFs buy 3X new BTC supply — 5 Things to know in Bitcoin this week
Bitcoin is facing renewed calls for a supply shock as exchange reserves hit seven-year lows, and BTC price action focuses on final resistance.
Bitcoin (BTC) starts a new week in fighting form as $67,000 returns with TradFi markets.
The largest cryptocurrency is edging closer to a rematch with final resistance around all-time highs past and present — at $69,000 and $73,800.
Whether it gets there in the coming days is the main preoccupation facing market participants, and various factors could contribute to bullish continuation.
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Author: William Suberg
