Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses

Cointelegraph

Published May 22, 2022 06:03AM ET

Updated May 22, 2022 02:20PM ET

Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held a narrow range after the Wall Street trading week.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
Bitcoin Pizza Index (screenshot). Source: Bitcoin Pizza Index

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