Bitcoin Entered 5th Green Week After 2023

Cryptocurrency News and Public Mining Pools

Bitcoin Entered 5th Green Week After 2023

Bitcoin Entered 5th Green Week After 2023

This is 5th week that we have seen 5 green weekly candle on Bitcoin price chart. We saw this weekly green candles series at the end of 2023. It was a bullish season.

Are we going into a bullish season?

https://preview.redd.it/fq86decuc5ze1.png?width=640&format=png&auto=webp&s=e9d6f4df1a3298b9eac246a13492a74e9b72f5af

The rally saw Bitcoin's value climb over 32% from its April low of $74,501 to nearly $98,000.

The key technical milestone for Bitcoin is now the $95,000 mark, the lower boundary of its previous three-month range. Maintaining this level, particularly as BTC strengthens above the short-term holder cost basis of $93,340, could pave the way for a return to all-time highs.

submitted by /u/Green_Candler
[link] [comments]