Sink or swim at $27K? 5 things to know in Bitcoin this week

Sink or swim at $27K? 5 things to know in Bitcoin this week

Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.

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Bitcoin (BTC) is fighting for the bull trend as the new week begins with the market acting within a crucial zone.

After closing the weekly candle at just below $27,000, BTC/USD is attempting to cement support as a stubborn trading zone holds.

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The stakes are already high, with last week seeing a flash dip below $26,000 and two-month lows for Bitcoin, making traders fearful of a larger bearish breakdown to come.

While this has not materialized, nerves remain on both shorter and longer timeframes.

Where is price action likely headed next? A relatively calm week of macro triggers

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