🟩Bitcoin is nearing a historic milestone — a weekly candle close above $109,000 — which could mark a turning point for further upward momentum. Over the weekend, the price reached $108,500, with traders taking advantage of low liquidity. James Winn was forced to close a large short position and switch to long, reacting to the rapid price surge.
🟩Analysts are noting a strengthening bullish impulse. Autumn Riley highlighted the formation of higher lows on shorter timeframes, while BitBull reported a “golden cross” on the MACD. If BTC manages to close the week above this key resistance, the market may enter a new phase of the upward trend.