Bitcoin (BTC) starts a brand new week at new 2023 highs, however clean divides realizing after a blistering tag rally.
In what's shaping as much as be the antidote to last Twelve months’s dead bleed to lower prices, January has delivered the volatility Bitcoin bulls were hoping for — however can they withhold it?
<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.comhttps://www.investing.com/crypto/bitcoin/btc-usd" id="63c52f2f8e733" class="aqlink js-hover-me" hoverme="aql" data-pairid="945629">BTC/USD</a></span> 1-day candle chart (Bitstamp) with 21-week MA. Source: TradingView</em><em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/currencies/us-dollar-index" id="63c52f2f8e7c1" class="aqlink js-hover-me" hoverme="aql" data-pairid="8827">U.S. Buck Index</a></span> (DXY) 1-day candle chart. Source: TradingView</em><em>Fed diagram payment probabilities chart. Source: CME Group (NASDAQ:<span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/equities/cme-group-inc." id="63c52f2f8e83c" class="aqlink js-hover-me" hoverme="aql" data-pairid="138">CME</a></span>)</em><em>Bitcoin vs. Fed funds payment chart. Source: Ram Ahluwalia/ Twitter</em><em>GBTC top payment vs. asset holdings vs. BTC/USD chart. Source: Coinglass</em><em>Bitcoin network fundamentals overview (screenshot). Source: BTC.com</em><em>Bitcoin miner BTC steadiness chart. Source: Glassnode</em><em>Bitcoin grief regression model chart. Source: Glassnode</em><em>Crypto Terror & Greed Index (screenshot). Source: Various.me</em><em>BTC accumulation annotated chart. Source: Santiment/ Twitter</em>