Bitcoin's highest weekly close in 35 weeks
Bitcoin just posted its strongest weekly close in 35 weeks, and history says that is a good sign for holders.
- This kind of weekly close has happened 20 times before in Bitcoin's history.
- Looking back, prices were higher a month later about two-thirds of the time.
- The odds improved the further out you looked — stronger at three months, stronger still at six.
- The pattern suggests patience pays more than quick trading here.
Outlook: If past behavior holds, the next few months lean higher for Bitcoin, with the best odds over a six-month window.