Bitcoin Price Closes Two Consecutive Weekly Red Candles
” Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200.
But despite the valiant effort from bulls, bears were able close the weekly candle red at roughly $10,140. The weekly candle closing red is the second red weekly close in a row, marking the first time this has occurred since Bitcoin price left its bear market bottom behind and the bull run first began. ”