The price of Bitcoin (BTC) decreased for five consecutive weekends

Bitcoin (BTC) managed to put a modest gathering early in the American trading session on Friday, but this step was mocking quickly. Do bulls illuminate positions before the weekend?

They can be forgiven to do so.

On Friday, Jeff Kendrick of Standard Chartered said that the Bitcoin price has now decreased for five consecutive weekends (measured from 5 pm Easter until the same time on Sunday).

Among the concerns during this time frame, the Deepseek Ai News and Trump Treiff threats were.

“This is not normal,” Kendrick said, noting that the weekend in 2024 tends to be somewhat silent, with the two and Friday instead to pay attention to the major moves.

A failed gathering on Friday

Moving to the procedure early Friday, Bitcoin managed to gather about 1.5 % to 97,600 dollars in a very short time after issuing US retail sales data for January. The last number of economists’ estimates by a tendency, which gives hope that price discounts for the Federal Reserve may return to the table in the first half of the year.

The price has since returned to nearly the place where the publication was advancing at 96,400 dollars.

An additional idea for those who fear the next weekend: It is three days in the United States, which took place on Monday for the Presidents of the Presidents.