Bitcoin closed the week yesterday with its highest closing price ever. The weekly close of $109,200 is a weekly record, but the absolute peak of the Bitcoin price was not reached this weekend. This means that the record high of $109,731 from May 22 this year remains intact. However, the weekly record close shows that the market has resumed its uptrend. Especially the purchases of large institutional players are pushing the price of Bitcoin up. Bitcoin price with weekly record close The price of Bitcoin has been extremely stable for some time now. With the price between $100,000 and $110,000, with a brief exception, it seems that there has been stable support and resistance for the price since May this year. At the moment, it has support levels between $106,000 and $108,000, while resistance is between $109,500 and $110,500#BTC Back Above 110K #Michael Saylor Hints at Buying BTC #Trump’s Tax Reform #Gate Square Creator Spark Program #June Market Forecast

BTC-0.42%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)