Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history.
After battling for support throughout the weekend, BTC/USD ultimately found its footing to close out the week at $29,900 — $450 higher than last Sunday.
BTC/USD order book data chart (Binance). Source: Material IndicatorsU.S. inflation data chart. Source: St. Louis FedBitcoin hash ribbons chart. Source: Charles Edwards/ Twitter (NYSE:TWTR)Bitcoin hash rate, difficulty estimates chart. Source: BTC.comBitcoin megawhale accumulation trends chart. Source: Santiment/ TwitterBitcoin exchange reserves vs. BTC/USD chart. Source: CryptoQuant
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