BTC price – Page 545

Elon Musk, $40K and no demand: 5 things to watch in Bitcoin this week

Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold?

Bitcoin would “surprise” the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time.

Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market.

Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows.

Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod.

The good times will be temporarily over once again on Thursday, one trader predicts, despite this week’s 20% gains.