BTC Near 2021 Levels: Five Key Things This Week

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Bitcoin price action headed toward the 2021 bull market highs as crypto traders warned over a future sub-$50,000 BTC price bottom.

Bitcoin started the first week of February near 16-month lows, with traders expecting further downside.

BTC price weakness compounds after a grim weekend, with BTC/USD reaching levels not seen since November 2024.

RSI values form the main basis for expecting a market rebound.

Macro shifts begin to materialize as analysis warns that Bitcoin could be predicting future market pain.


Gold, silver and stocks head downhill, while US dollar strength rebounds.

Coinbase Premium falls deep into negative territory, underscoring a lack of US demand for Bitcoin.

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