Will Bitcoin Close Week 8 Red?

After the stablecoin crisis, the crypto money market has turned a little green with bitcoin moving above the $30,000 levels again today.

When the weekly chart of the leading cryptocurrency bitcoin is examined, for the first time in its history 7 times It was noted that it closed the week in red. Bitcoin’s closing price this week 30 thousand dollarsIf the news is at or below at the time of writing, even if it is above week 8 It will also turn red.

Bitcoin’s closing with a red candle for weeks is interpreted as a harbinger of a green candle for many analysts. For the green candle, the close must be above the $31,450 level.

Crypto Tony, one of the popular analysts, says that bitcoin is stuck between the supply and demand zone, with current targets at $31,000 and $27,900. told.

Michael van de Poppe next week in bitcoin greening prospects He stated he was in. of bitcoin 29,300 exceeded the critical level in the dollar, which is the next resistance point. 30,200 with 30,300 He said it was in dollars. Also for the rise of bitcoin this region last hurdle Underlining that the bitcoin 29,300 next week as long as it can stay above the level 32,800 that it will test the dollar level and in the altcoin market 20-50% An increase can be observed between told.

Also, bitcoin 7 your daily movements 30 and 90 correlation with stocks compared to their daily movements. decreased and diverged observed.


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