Bitcoin can avoid a 10th consecutive red weekly candle if it closes above $29422

The global crypto market cap is $ with a 24-hour volume of $.

Bitcoin can avoid a 10th weekly red candle in a row if it closes above $29,422 on Sunday night, June 5.

At the time of writing, the price of Bitcoin is $29,788, and it needs to stay above $29,422 to avoid 10 red candles in a row.

Each time Bitcoin dropped below $30k in 2021, it closed above $31,683, yet it has not reached that price since May 9.

The all-time high of Bitcoin during the last cycle was $19,740, and it has never touched the all-time high from a previous cycle.

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