Bitcoin Could Soon See a Pivotal Weekly Candle Close Above $13,000

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Bitcoin is about to see its next weekly candle close, one that analysts say will be critical. One trader highlighted how this candle will most likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. The Importance of Bitcoin’s Upcoming Close Bitcoin is about to see its next weekly candle close. In the coming hours, the leading cryptocurrency will print its latest weekly candle. Analysts see this weekly candle of utmost importance as it will likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. Edward Cleps, a top crypto-asset trader, shared the chart below, showing the significance of the upcoming close. He commented: “This weekly close is more important than you think. Bitcoin didn’t close above 11,700 since the last bull mania valhalla run.” As he notes, BTC hasn’t…

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