Ready for a week in the green? Bitcoin looks 'strong' into what could be the highest weekly close in weeks.
While modest, the $300 move punctuated otherwiseNow, hopes were high that the market would offer more solid price action in the coming days, $20,000 remaining out of reach for over a week.Twitter followers in an update at the time of writing."Still moving higher from the green box. For now rejected exactly at that horizontal," he added.
"Around $6 million in Bitcoin Short Liquidations over the last hour. This is the highest short liquidation level in 10 days," itBTC/USD annotated chart. Source: On-Chain College/ TwitterIn terms of weekly closes, Oct. 23 looked set to be another close-run candle within an increasingly compressed cluster.Should BTC/USD end the week above $19,440, however, it would nonetheless represent the highest weekly close since early September.
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