Bitcoin (BTC) managed to put a modest rally at the start of the American negotiation session on Friday, but the move was quickly suffocated. Do bulls shed light on the positions before the weekend?
They could be forgiven to do so.
In his Friday note, Geoff Kendrick of Standard Charterd said that the Bitcoin Prize has now decreased for five consecutive weekends (measured from 5 p.m. to Friday at the same time on Sunday).
Among the fears during this period, there were threats of the Trump Deepseek prices and prices.
“It is not normal,” said Kendrick, noting that the action of weekend prices for everything 2024 tended to be rather silent, Mondays and Fridays being instead of paying attention to large movements.
Reassuring failing on Friday
Regarding the action early Friday, Bitcoin managed to reach around 1.5% at $ 97,600 in a very short time after the publication of American retail data for January. The number has missed the estimates of the economist of a mile, giving the hope that the rate reductions for the federal reserve could be back on the table in the first half.
The price has since returned to the place where it was ahead of printing at $ 96,400.
An additional thought for those who are afraid of the coming weekend: he is doing three days in the United States, which has leaves on Monday for the presidents.
