Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock

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.

Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock


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