Saturday, June 3, 2023

$31.5K Bitcoin price on track for lowest weekly close of 2021 By Cointelegraph

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$31.5K Bitcoin price on track for lowest weekly close of 2021

(BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at just above $31,500 late Sunday — a potential -$2,800 weekly candle.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
GBTC unlocking schedule. Source: Bybt
1-hour candle chart (Bitstamp). Source: TradingView