BOM

✅️ Bitcoin on May 19 – 6 consecutive weeks of increase for a BTC close to its last ATH

🔴 Bitcoin miners have changed their behavior recently. In fact, miners have stopped selling their BTC, reducing downward pressure on the market. Furthermore, the Hash Ribbons, an indicator created by Capriole Investments, still signals a favorable context. On the other hand, a technical signal similar to those that preceded the last bear markets has just appeared. Can the king of cryptocurrencies still move upward? Let's take a technical look at the key levels in today's bulletin!

✅️ The price of Bitcoin drops by nearly 1% in a week

🔴 The king of cryptos reached $107,000 last night, but then sellers managed to push the price below $103,000. The price of Bitcoin has thus stagnated over the last 24 hours, and it shows a slight drop over the week (-1%):

Bears continue to defend the ATH from the beginning of the year, but the price is up more than 20% in a month and more than 10% in six months. Meanwhile, the BTC/ETH pair is up more than 4% in a week, and it drops nearly 20% in a month.
{future}(BTCUSDT)
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