Bitcoin: Surges 23.56% in Largest Weekly Candle Since 2023
Bitcoin surges 23.56% for its largest weekly candle since March 2023 at $77216.46 with EMA50 support at $71903.67 amid BTC price prediction focus.
SourceAnalysis
Bitcoin just surged +23.56% and printed its largest weekly candle since March 2023.
BTC trades at $77216.46 inside the Bollinger band with upper resistance at $79287.23. The bullish structure holds above EMA50 support at $71903.67 despite the MACD death cross at 1987.92 and neutral RSI at 67.35, pointing to a probable retracement before continuation.
Traders tracking BTC price prediction and crypto market analysis now watch weekly Bitcoin performance for the next move.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
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