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Bitcoin Hovers Near $81,500, Needs Strong Push Before Weekly Close

Bitcoin Hovers Near $81,500, Needs Strong Push Before Weekly Close

Photo: TheCoinrise

Bitcoin trades nervously above $80,000 as traders watch whether the weekly candle closes with strength. Bitcoin was trading near $81,500 on Sunday, keeping the asset above the psychologically important $80,000 threshold heading into the weekly close. The price level has become a focal point for traders assessing whether the market can hold its recent gains or whether a pullback is building beneath the surface. According to Cryptonews.com, the current price action leaves the weekly close needing a substantial push to finish strong.

Source: TheCoinrise

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