Bitcoin (BTCUSD) is taking a hit on a weekly basis as, despite last week's green candle that extended the rebound on the 1W MA50 (blue trend-line) and hyped hopes for a new 70k test, the last two days are resetting the momentum.
Still, there is no cause for alarm as BTC has been practically consolidating since the March All Time High (ATH). And in fact, the...