Bitcoin Seeks to Set a New Weekly Closing High: Observing Market Dynamics of HYPE, BCH, LINK, and SEI
According to Gate, last week Bitcoin prices experienced a strong rebound, with an increase of over 6%, indicating that there is buying support around the $100,000 mark. Market participants are attempting to consolidate their advantage by maintaining prices above $108,000. Well-known trader and analyst Rekt Capital posted on the X platform, pointing out that if Bitcoin sets a new weekly closing price high, it could "trigger a new upward trend for Bitcoin, reaching a historic high."