📈 Bitcoin recorded its highest weekly close to date
Bitcoin closed last week at $106,500, marking its highest weekly close in history. And while it hasn't broken its all-time high yet, it is just 3% away. The market is watching this closely because when it gets this close to its peak... something is brewing.
This close not only represents another number on the chart. It comes right after one of the strongest daily candles of the year, adding technical momentum and attracting institutional attention once again.
👀 Why is this key?
Because in the crypto world, weekly closes are like "the final photo of the match": they summarize how the fight between bulls and bears ended. Such a high close shows strength and keeps the door open for a serious attempt to break the historical ceiling.
📉 And after?
This Monday BTC opened correcting a bit, hovering around $104,000, but that doesn't change the overall picture. On the contrary: it could be a pause before the next push, although as always, volatility rules.
🧠 Fun fact
Since the halving, the price of BTC has risen more than 40%. And with the macro context without major shocks, many are already speculating about a possible rise to new historical levels before the end of May.