Market News / Story
Bitcoin Hit Highest Weekly Close in 35 Weeks: Is $100,000 Next?
Benzinga ·
Benzinga reports: Bitcoin could be setting up for another leg higher after posting three consecutive positive weeks. Historical data point to an 18% to 26% gain over the next 13 weeks and a potential move above $100,000 by year-end . Why $100,000 Is Back in Play Widely-followed market commentator Krown noted that Bitcoin’s three consecutive green weeks has occurred 47 times since 2012. Historically, Bitcoin was higher 63% of the time two and four weeks after the signal. The probability…