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BTC price up, fundamentals down? 5 things to know in Bitcoin this week

Published 06/26/2023, 04:31 AM
Updated 06/26/2023, 06:40 AM
© Reuters
CME
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BTC/USD
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BTC/USD
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Bitcoin (BTC) starts a new week in a solid position above $30,000 after its latest rapid gains.

BTC price action continues to deliver on bulls’ expectations after weeks of sideways trading offered little relief. Can it continue?

BTC/USD 1-hour chart. Source: TradingView
BTC/USD return comparison (screenshot). Source: CoinGlass
Fed target rate probabilities chart. Source: CME Group (NASDAQ:CME)
Bitcoin network fundamentals overview (screenshot). Source: BTC.com
Bitcoin RHODL ratio annotated chart. Source: Philip Swift/Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me

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