RATE Group | Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17
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Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17

17 May Bitcoin Breakout Hopes, R.I.P. TON, Trump Threatened: Hodler’s Digest, May 11–17

Posted at 23:15h in Bitcoin News by

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

Bitcoin price charts hint at the most exciting breakout in over a year

The halving has been and gone — and so far, it hasn’t been the cataclysmic event that some in crypto circles feared. Some market analysts have now set their sights on what will happen next. Cointelegraph’s Keith Wareing says Bitcoin is on the cusp of ending a 46-week descending channel if it manages a weekly close above $9,200. (At the time of writing, BTC stood at $9,728 — giving it plenty of headroom even in the event of a sudden fall.) According to Wareing, achieving this “will be the single most bullish sign that Bitcoin has seen since before the 2017 bull run” — with $9,980 as the next level of resistance and a…

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