Bitcoin outlook improves amid 6% weekly gain: Can BTC bulls push higher?

CoinTelegraph·

Bitcoin outlook improves amid 6% weekly gain: Can BTC bulls push higher?

60-second summary

Bitcoin's outlook is improving as it experiences a 6% weekly gain, with buyers returning to spot, futures, and ETF markets. This resurgence has the potential to push BTC higher, but geopolitical headwinds pose a significant threat to the progress made over the past two weeks, potentially unraveling the momentum at any moment. Market sentiment remains cautiously optimistic.

Bitcoin buyers have returned to spot, futures and ETF markets but geopolitical headwinds could quickly unravel the progress of the past two weeks.