Calm Before The Storm? 5 Bitcoin Price Factors to Watch This Week

Stocks recover from coronavirus worries

The start of this week marks a clear contrast from last Monday. Concerns over coronavirus have faded and with it stock market volatility.

Bitcoin difficulty and hash rate stabilize

Another contrast comes in the form of Bitcoin’s network fundamentals.

BTC options gear up for massive expiration

This Friday is crunch time once more for Bitcoin derivatives. As Cointelegraph reported, June 26 will see almost $1 billion of options expire.

Exchange reserves revert to downtrend

The amount of Bitcoin on exchanges has returned to its downtrend after spiking following the halving.

Neither fear nor interest?

On the topic of traders, it would seem that even their sentiment is showing signs of a slow U-turn — from bearish to neutral or better.

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