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Bitcoin (BTCUSD) Soars to Record Weekly Close Amid Bullish Onchain and Futures Signals

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin closed at a record weekly high near $123,500 showing strong bullish momentum and sustained buyer control.
  • Short-term outlooks predict either a gradual breakout higher or a mean reversion dip with key support near $118,000 retaining upward bias.
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BTCUSD price history

75624.28 +12.88% over the displayed period

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