Bitcoin Hits Record Weekly Close, Next Stop $112K? — TradingView News
Bitcoin just made history by closing the week at $109,200, its highest weekly close ever. This is a strong sign that the bull market is still going strong, despite recent ups and downs in the crypto market.
For months, some experts predicted the market was heading for a long downturn. But the charts and market signals continued to show strength. Important support levels held firm, large investors kept buying, and overall market liquidity kept rising.
What’s Happening Now?
At the moment, Bitcoin is trading around $109,428. The market has been moving sideways for the past few days, with Bitcoin bouncing between important price zones. To start a new upward rally, the price needs to break past $112,000. If that happens, Bitcoin could enter…
