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First weekly death cross ever — 5 things to know in Bitcoin this week

Published 02/13/2023, 03:48 AM
Updated 02/13/2023, 05:20 AM
© Reuters
BTC/USD
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BTC/USD
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Bitcoin (BTC) starts a new week just under $22,000 as bulls fail to reclaim lost ground in February.

After some modest volatility towards the weekly close, BTC/USD is still near three-week lows as a new status quo enters with $22,000 as resistance.

BTC/USD annotated chart. Source: Crypto Tony/ Twitter
BTC/USD annotated chart. Source: Daan Crypto Trades/ Twitter
BTC/USD annotated chart. Source: Rekt Capital/ Twitter
U.S. CPI chart. Source: Bureau of Labor Statistics
BTC/USD 1-week candle chart (Bitstamp) with 50, 200MA. Source: TradingView
BTC/USD 1-week candle chart (Bitstamp) with 52, 104, 156MA. Source: TradingView
Bitcoin whale transactions chart. Source: Santiment/ Twitter
BTC/USD order book data (Binance). Source: Material Indicators/ Twitter
Bitcoin Hodler Net Position Change chart. Source: Glassnode
Bitcoin LTH-SOPR chart (screenshot). Source: Glassnode

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