Six red weeks in a row for bitcoin - Not seen since 2014
Bitcoin just recorded its sixth consecutive red week. This has not been seen since 2014. The question is now, where will bitcoin find support?
May 9th 2022
Source: Tradingview (Bitstamp)
The market is bleeding, and bitcoin just recorded its sixth consecutive red week. This is a rather historical observation, last seen in 2014.
The bitcoin price briefly fell below the $30,000 mark yesterday and marked a new 2022 low of ~$29,7000. However, we’re seeing a slight relief today.