Crypto: $75k Or Bearish 'regime Shift?' Five Things To Know In Bitcoin This...

Bitcoin market analysis focused on liquidations and the wick to $59,000 for signs of the next significant BTC price move on lower time frames.

Bitcoin (BTC) starts a new week at an important crossroads as analysis sees the chance for a new short squeeze.

Bitcoin closes the week above a key 200-week trend line, leading to fresh belief in a trip to $75,000.

Liquidations stay elevated, with a trader noting that longs should be in the driving seat going forward.

US inflation data piles up, saving risk-asset volatility for later in the week.

Bitcoin onchain profitability data paints a dangerous picture, with the net unrealized profit and loss ratio hitting three-year highs.

Loss-making UTXOs suggest that Bitcoin may be at the start of a new bear market.

Bitcoin saw a surprisingly calm weekly candle close Sunday, but traders know the significance of the current price range.

At around $68,800 on Bitstamp, per data from TradingView, the weekly close came in above a key long-term trend line that will be key to future upside.

Currently at $68,343, the 200-week exponential moving average (EMA) forms one of two nearby lines in the sand for market participants. The other is Bitcoin’s old all-time high from 2021 at just over $69,000.

Source: CoinTelegraph