Analysts Wary After Bitcoin (BTC) Almost Loses Multi-Week Winning Streak

Analysts Wary After Bitcoin (BTC) Almost Loses Multi-Week Winning Streak

You may not have realized it, but Bitcoin (BTC) just closed its weekly candle. Despite the fact that BTC tapped $9,100 this week, the cryptocurrency closes this week’s candle rather weak. As pointed out by analyst Joe McCann, for the first time in four-odd weeks, BTC’s upward momentum has slowed dramatically, with the recently-closed candle looking rather skimpy.