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Bitcoin Consolidates Near Two-Week Highs as Traders Eye Key Support
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Cointelegraph8 sa önceBusiness

Bitcoin Consolidates Near Two-Week Highs as Traders Eye Key Support

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  • Bitcoin (BTC) approached two-week highs near $62,700, testing the 200-week moving average.
  • Traders noted a short squeeze and warned of historical Monday weakness, while renewed inflows into US spot Bitcoin ETFs and softer US macro data suggest potential tailwinds for crypto.

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Bitcoin (BTC) approached two-week highs near $62,700, testing the 200-week moving average. Traders noted a short squeeze and warned of historical Monday weakness, while renewed inflows into US spot Bitcoin ETFs and softer US macro data suggest potential tailwinds for crypto.

Read the full article on Cointelegraph

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This article was originally published by Cointelegraph.

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