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#Gate Post Highlights
Bitcoin (BTC) price is showing strength again amid waning selling pressure from Grayscale Bitcoin Trust (GBTC) redemptions. The sentiment is yet to be reflected among altcoins, however, as Ethereum (ETH) and Ripple (XRP) prices still struggle amid a choppy altcoin market.
Bitcoin Weekly Forecast: BTC price remains indecisive despite strong fundamentals
Bitcoin price finds strength as GBTC selling pressure wanes
Bitcoin (BTC) price is trading with a bullish bias, consolidating along an ascending trendline for the past week. It had fallen below critical support just a few weeks ago, slipping beneath the ascending bottom trendline in the aftermath of GBTC redemptions.