Gold slides as traders eye sub-$50K BTC: Five things to know in Bitcoin this week
Bitcoin traders kept sub-$50,000 BTC price targets in play as gold entered a bear market over Iran and oil-supply instability.
Bitcoin (BTC) starts a new week facing fresh macro risks as gold plummets and traders wait for $50,000.
BTC price action ends the week below a key trend line, and traders see little more than an early-week bounce for bulls.
Price looks more and more like it is repeating January’s bear flag — and targets now call for new multiyear lows.