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'Bull market distribution has begun' — 5 things to watch in Bitcoin this week
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Bitcoin (BTC) begins a new week with a race towards all-time highs as bulls save the day — and the week — at the last minute.
A week of sideways BTC price action came to an end just in time for the weekly close, with Bitcoin bouncing back to $66,000.
It is a classic move that has become all too familiar in recent weeks, and attention is now focusing on bullish outcomes once again.
With Wall Street still to open, Monday has yet to set the tone for the third week of "Moonvember," one which still has an end-of-month price target approaching $100,000.
Can Bitcoin get there? Cointelegraph takes a look at five factors that could help shape BTC price trajectory in the coming days.
For those concerned about what would happen at Sunday’s weekly close,
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