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Will BTC ditch the bear market? 5 things to know in Bitcoin this week

  • 📰 Cointelegraph
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Can BTC hold firm to put a nail in the coffin of the bear market this week?

Mosaic further warned that historically, risk assets performed worse immediately following news of a rate hike policy pivot.

It added that “as a result, in past bear markets the steepest stock market declines happened after the Fed pivots to a pause or outright rate cuts.”Bitcoin hodlers are setting new records under current conditions — and laying the foundations for a supply shock in the process.from on-chain analytics firm Glassnode shows that the amount of the available BTC supply, which has not left its wallet in two years or longer, is now at all-time highs.

With so much of the supply now ferreted away into cold storage, any rush for BTC could spark the realization that one of the world’s hardest assets is already too scarce.Exchange BTC balance chart. Source: GlassnodeFor some, BTC price action is right on track for repeating past cycles — and setting a new all-time high in the process.

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🚀 The crypto rally continues. Bitcoin is 70% up year-to-date now. And Unicoin has reached its new milestone: $400 million dollars worth of unicoins sold. 🎁 INVEST in Unicoins: 📢 A year ago, 1 UNICOIN cost $0.01. Today it costs $0.50 / + 4 900% /

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