Bitcoin (BTC) heads into a new week, with a new monthly close still stuck in one of its narrowest-ever ranges.
Acting in an area just below $30,000, BTC price performance has frustrated or simply bored traders over the past week — could a breakout come next?
BTC/USD 1-hour chart. Source: TradingViewBTC/USD order book data on Binance. Source: Material Indicators/TwitterBTC/USD monthly returns chart (screenshot). Source: CoinGlassBTC/USD annotated chart. Source: Jelle/TwitterBTC/USD chart with MACD and RSI data. Source: Kevin Svenson/TwitterStablecoin accumulation annotated chart. Source: Santiment/TwitterBitfinex stablecoin ratio annotated chart. Source: Cole Garner/TwitterBitcoin wallets holding at least 1,000 BTC chart. Source: Glassnode/TwitterBitcoin wallets holding at least 0.01 BTC chart. Source: Glassnode/Twitter
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