Bitcoin Weekly (12/5/2022)

We have finally reached the last month of the crypto winter year of 2022! Bitcoin (BTC) like almost all cryptocurrencies, has had a rough 12 months or so after reaching its all-time high in November of 2021. To start the year, Bitcoin sat at $47,816 and it has continued to fall steadily ever since outside of the major collapses of Terra Luna and FTX when it has tumbled hard.

cryptomasterminer's Recent Blog Posts

Bitcoin (BTC) had a down week falling below $23K before quickly rebounding off support levels but still down close to $750 week over week. The largest crypto still has a chance to close out February…
1 year ago
Ethereum (ETH) had a sideways week on low volatility gaining $5 week-over-week as it awaited the release of the consumer sentiment data in the US. The report, released by the University of Michigan,…
1 year ago
Bitcoin (BTC) had a strong week retesting the $25K mark and finishing up close to $2.5K as the week ended before resuming its march higher today. The largest cryptocurrency hit a six-month high…
1 year ago
Ethereum (ETH) opened the week virtually unchanged from the previous week, down just a couple of dollars. Crypto investors' eyes remain fixated on two main factors; inflation and regulation.…
1 year ago
Bitcoin (BTC) had the first weekly death cross in its 14-year history last week as it closed below $22K falling close to $1,000 week over week. The question we now face is how Bitcoin will perform…
1 year ago