Big Gaps and Bigger Buys: 5 Things to Watch in Bitcoin This Week

Bitcoin (BTC) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time?

As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, Cointelegraph looks at the market factors influencing price performance on Monday.

Vaccine, stimulus decision fuels risk appetite

On a wider macro level, talk is firmly focused on the United States agreeing a coronavirus stimulus package this week.

A major test of the dollar’s strength, negotiations have “no guarantee” of being successful, one government aide told mainstream media, but the cost of the package under discussion is around $900 billion. Read more…..

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Bitcoin ( BTC ) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time? As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, Cointelegraph looks at the market factors influencing price performance on Monday.

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