Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support.
Bitcoin (BTC) has a new minimum BTC price target for the week — but hitting it does not take all the pressure off bulls.
In his latest X coverage, popular trader and analyst Rekt Capital said that Bitcoin’s next weekly close must hit $59,000.
Bitcoin is doing its best to recover from a trip to six-month lows of $49,500 this week, but bears could easily reclaim control.
