Bitcoin Now Has a Green Week After 9 Consecutive Weeks of Fall

  • After nine consecutive weeks of closing lower than the previous one, bitcoin finally managed to break this negative trend and marked its first green weekly candle since late March.
  • The past seven days were more positive as BTC even spiked above $32,000 mid-week.
  • With bitcoin losing over $20,000 in two months at one point, many community analysts started speculating on whether the asset had finally found its local bottom.