If you trade BTC/USD, bitcoin CFDs, bitcoin futures, or bitcoin ETFs, here’s a deeper dive into what moved bitcoin this week and what to watch going into next week.
Not a great week for bitcoin.
BTC closed lower, ETF investors kept pulling money, macro data removed any near-term rate-cut optimism, and the chart slipped below every major daily moving average.
The result is a market that has not broken down completely, but also has not given bulls a clean reason to step back in.
