Crypto Week Ahead: Bitcoin Manages To Recover Over Weekend, Expected To Trade Sideways Now

Over the past seven days, Bitcoin (BTC) price achieved a high of $66,356.37.

BTC dominance, at the time of writing, stood at 53.58 percent.

Source : Getty

Bitcoin (BTC), the most popular cryptocurrency in the world, managed to recover from its lows last week. It appears that the much-awaited Bitcoin Halving event has lent a positive mood among investors as the CoinMarketCap Fear & Greed Index stood at 62 (Greed) out of 100, at the time of writing. It is largely expected that BTC might trade sideways, staying within the bounds of $62,000 and $66,0000. While that’s a far cry from its new all-time high of $73,000, it’s still good to