Weekly closing at $96,118, down 0.36%, on Sunday, February 16, confirmed that Bitcoin is going through a consolidation phase, with stable price and low volatility, without offering clear indications of direction in the short-term.
Despite being disappointing, the price action of Bitcoin
Bitcoin
R$ 549.130
did not challenge the support at US$ 91,000 throughout a week marked by inflationary rebounds in the MAUA, above market expectations, and threats of radicalization in the trade war of MAUA President Donald Trump.
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