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‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

Published 08/15/2022, 04:17 AM
Updated 08/15/2022, 06:00 AM
‘Final week of the bear rally’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) enters a new week with a bang after sealing its highest weekly close since mid-June — can the good times continue?

After a volatile weekend, BTC/USD managed to restrict losses into the later portion of the weekend to produce a solid green candle on weekly timeframes.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
BTC/USD vs. Nasdaq mini futures vs. S&P 500 mini futures chart. Source: TradingView
BTC/USD funding rates annotated chart. Source: Philip Swift/ Twitter (NYSE:TWTR)
BTC funding rates chart. Source: Coinglass
Bitcoin network fundamentals overview (screenshot). Source: BTC.com
Crypto Fear & Greed Index (screenshot). Source: Alternative.me

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