🚨 Bitcoin price risks 'double top' — 5 things to know this week:

📉 Bitcoin's weekly close at a 4-month low sparks fears of further price drops.
😱 Crypto Fear & Greed Index dives into "extreme fear."
🐳 Many investors, including whales, are now underwater on its holdings.
🧐 Upcoming CPI, PPI data, and Fed Chair Powell's testimony may influence market trends.

“There is mild panic in the market due to the small-scale sales of Mt.Gox/Govt coins, but no one is talking about the unrealized losses of STH whales, which currently equal 218K BTC. I have no idea what will happen to the market if they lose their nerve.”

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