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BTC price due for $108K ‘ping pong’: 5 things to know in Bitcoin this week

Bitcoin is attempting a comeback as it closed a weekly candle above $112,000, despite earlier fears of a drop below $109,000. The market shows signs of bullish support, yet traders advise caution, noting that a definitive daily close over $113,500 is necessary for a sustained rally. Observers expect Bitcoin's price to fluctuate in a range near $108,000, influenced by significant volatility expected due to upcoming macroeconomic indicators, particularly US employment data.

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Strategy acquires $22M in Bitcoin as BTC price dips below $110K

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