Bitcoin seems to close this week with a red candle as well. If that happens, it will have closed red for nine consecutive weeks for the first time in Bitcoin history.
Source: Binance/BTCUSDT/1w Bitcoin has failed to recover this week as well, continuing to trade in a rather narrow range. In fact, it seems likely that Bitcoin, which has experienced some depreciation, will close this week in the red as of publication time. For Bitcoin to close this week in the green (according to Binance data), it needs to be traded above $30,400.
Bitcoin is trading at $29,300 at the time of publication.
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