Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday

CoinTelegraph·

Bitcoin nears $63.5K into weekly close as trader warns of 'terrible' Monday

60-second summary

Bitcoin is nearing $63.5K as it closes the week, its highest levels in nearly two weeks. However, the price action faced an "absolutely terrible" Monday, marking a concerning trend. This decline suggests volatility may persist, potentially impacting investor sentiment and influencing market decisions, with Bitcoin's price stability remaining a top concern for traders and investors alike.

Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.