Is bitcoin heading into price discovery?

After a solid monthly close, the first weekly candle of March completed comfortably above $60,000. As anticipation mounts of what might come next, sellers tacitly accept that there may be nothing in the way of Bitcoin heading into price discovery.

Are spot bitcoin ETFs causing a crisis in faith?

The cryptocurrency has dipped following the most bullish event in recent crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith. By nearly all metrics, spot bitcoin ETFs have been off to a great start. And yet, the launch of these much anticipated products is tanking the price of the industry’s leading asset.

When did bitcoin retest a previous high?

Amid the strong bullish market, Bitcoin eventually returned to the $1,000 price mark in January 2017. This was the longest all-time high price recovery period in the history of Bitcoin. Time to retest previous high: 36 months (December 2017–December 2020)