China's 3rd largest bank 'rugs' BTC: 5 things to watch in Bitcoin this week

Cointelegraph

Published Jun 21, 2021 04:17AM ET

Updated Jun 21, 2021 06:00AM ET

Bitcoin (BTC) is lower going into a new week’s trading — Monday has seen a test of levels below $33,000 and bulls are struggling.

What could be next? With bullish short-term voices few and far between, it seems that cryptocurrency just isn’t of interest to investors right now.

U.S. dollar currency index (DXY) 1-day candle chart. Source: TradingView
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Bitcoin liquid supply change chart. Source: Willy Woo/ Twitter
Bitcoin net position change chart. Source: William Clemente/ Twitter

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