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Bitcoin braces for oil shock and death crosses: 5 things to know this week

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 121 Views

Bitcoin braces for oil shock and death crosses: 5 things to know this week

Bitcoin faced two death crosses and the total failure of the $74,000 BTC price breakout headed into the second week of March as the US-Iran conflict raged.

Bitcoin (BTC) starts the second week of March on the edge, with markets focused on the Middle East.

Bitcoin erased its latest breakout attempt and closed the weekly candle below key resistance.

Oil volatility and associated inflation pressures are the week’s main focus for traders.

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