‘Wave lower’ for all markets? 5 things to know in Bitcoin this week By Cointelegraph

© Reuters.

(BTC) starts the week before Christmas with a whimper as a tight trading range gives BTC bulls little cheer.

Flying drone with camera

A weekly close just above $16,700 means remains without major volatility amid a lack of overall market direction.

BTC/USD 1-week candle chart (Bitstamp). Source: TradingView
BTC/USD chart comparison. Source: Stockmoney Lizards/ Twitter
NASDAQ 100 futures annotated chart. Source: QCP Capital
S&P 500 annotated chart. Source: Crypto Tony/ Twitter
Bitcoin network fundamentals overview (screenshot). Source: BTC.com
Bitcoin miners’ 30-day net position change chart. Source: Glassnode
Bitcoin miners’ estimated BTC holdings chart. Source: Colin Wu/Twitter
Crypto Fear & Greed Index (screenshot). Source: Alternative.me