RATE Group | BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24
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BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24

BTC Dreads Weekly Close, Satoshi Mystery, A Big Blunder: Hodler’s Digest, May 18–24

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

Why today’s weekly close is crucial to avoid $8,000s

Not so long ago, the crypto community was abuzz with the expectation that Bitcoin was about to surge into five figures — dreaming dreams of a parabolic bull run. How things change. Right now, BTC is in a battle to stay in the $9,000s, and all eyes are on the weekly close. The world’s biggest cryptocurrency needed to end Sunday above $9,300 to avoid the risk of a further slide, according to Cointelegraph contributor flibflib. He says failure to retain this level will likely see BTC “retest the May lows and the 20-week moving average, currently around $8,160.” So, has Bitcoin topped out? Is there too much selling pressure around $10,000? Well,…

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