Bitcoin Dip Before The Run

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Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.

Summary

After breaching $40,000 on Monday, it seemed a bull run was all but certain this week; however the fun didn’t last too long before bitcoin’s sudden surge from Sunday started to fizzle away. The week has been quiet news-wise, and besides the regular MicroStrategy and El Salvador coverage, there was very little else to persuade the market that it was time to get bullish. However, as we’ve seen over the last decade, there’s always room for being bullish.


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