Bitcoin Sees Biggest Red Weekly Candle – 5 Key Insights

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Bitcoin sees a bigger US dollar drop in a single week than ever before as risk-asset traders run for the exit.

Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer.

Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle.

CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble.

How low can Bitcoin go? Old $69,000 all-time highs from 2021 are back on the menu.

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