Bitcoin eyes $25K as BTC price nears best weekly close in 5 months

Bitcoin eyes $25K as BTC price nears best weekly close in 5 months

Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Trader on Bitcoin: $25,000 “in sight”

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight.

The move, although short lived, marked the pair’s third such attempt to take sell-side liquidity above $23,400 in recent days.

In each instance, bulls appeared to lack momentum…


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