 | 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? 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. [link] [comments] |
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