The price of Bitcoin experienced a sharp rise in the week ending today. Now, media attention is focused on the upcoming week, which, as we will see, could bring significant movements.
At the time of writing, the price of BTC is trading at $104,200, with daily gains of 1%, weekly gains of 9.3%, and monthly gains of 26.6%. Undoubtedly, these are increases we haven't seen in months.
The largest cryptocurrency maintains its gains from the weekly close on May 11. Analysts are now pointing to a key level that it must hold to maintain its bullish momentum.
A tremendous rise is coming; we have a candle crossover at the weekly close!
