sunday bitcoin news

As the Rugby World Cup kicks off in Japan, we are still waiting for the catalyst which kicks off the next bitcoin (BTC) price rally.

Bitcoin (BTC) Price: Yet Another Rangebound Week

Bitcoin price started the week near the top of its increasingly long-standing $1000 range around $10k. Which meant that failing a breakout, there was only really one way it would go.

Despite this, some started the week in an optimistic mood, speculating that interest-rate cuts and the imminent launch of Bakkt would push BTC to $10,700 by the week’s close. Some thought that this would then launch a potential upside breakout.

Of course, this prediction came just before a monster red candle pushed price back down into four-figures, getting as low as $9,600 support. Support held, and price crawled slowly back upwards.

The positive news is that many agree that…

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