Home Guides Bitcoin (BTC) Price Stall at $52K May Foreshadow Pullback, But It’s a Potential Buying Opportunity

Bitcoin (BTC) Price Stall at $52K May Foreshadow Pullback, But It’s a Potential Buying Opportunity

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Bitcoin (BTC) Price Stall at $52K May Foreshadow Pullback, But It’s a Potential Buying Opportunity

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The largest crypto by market cap rallied 10% in a week, outperforming the broad-market CoinDesk20 Index’s (CD20) 8% advance, extending its relentless rise from $38,500 in late January. The surge was coupled with accelerating inflows into U.S. spot bitcoin exchange-traded funds (ETF), with BlackRock’s IBIT raking in over 28,000 bitcoin this week.

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