Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue?
After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes.
BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBTC/USD vs. Nasdaq mini futures vs. S&P 500 mini futures chart. Source: TradingViewBTC/USD funding rates annotated chart. Source: Philip Swift/ Twitter (NYSE:TWTR)BTC funding rates chart. Source: CoinglassBitcoin network fundamentals overview (screenshot). Source: BTC.comCrypto Fear & Greed Index (screenshot). Source: Alternative.me
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