Bitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week?
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses.What felt all but impossible just weeks ago is now reality as $20,000 — the all-time high from 2017-2020 — returns to give investors a grim sense of deja vu.Bitcoin dipped as low as $17,600 over the weekend, and tensions are running high ahead of the June 20 Wall Street open.While BTC price losses have statistically been here before — and even lower — concerns are mounting for network stability at current levels, with attention particularly focused on miners.Add to that the consensus that macro markets have likely not bottomed and it becomes understandable why sentiment around Bitcoin and crypto is at record low levels.Cointelegraph takes a look at some major areas of interest for hodlers when it comes to Bitcoin price action in the coming days.