Bitcoin price needs to close above $29,450 for its first green weekly candle since March

Bitcoin price needs to close above $29,450 for its first green weekly candle since March

Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend.

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

BTC price traders $300 in the gree

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just $300 higher than seven days ago.

With hours to go before the weekly candle closed, the pair thus retained the threat of sealing yet another lower low. This…


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