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© Reuters.

(BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected.

Making up for last week’s Coronavirus-induced sell-off and associated price dip, Bitcoin passed $58,000 overnight before consolidating higher, still up around 5.7% on the day.

1-week candle chart (Bitstamp) with 21-week EMA. Source: TradingView
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
BTC/USD orderbook heatmap. Source: Material Scientist/ Twitter (NYSE:)
BTC/USD vs. 1970s gold chart. Source: TechDev/ Twitter
@Bitcoin Twitter survey results. Source: Bitcoin/ Twitter