Bitcoin recently hit a two-week high, nearing $63.5K as the weekend closed. However, traders are cautious due to a historical pattern of poor performance for BTC on Mondays, leading to warnings about potential dips.
Bitcoin saw a significant price jump over the weekend, reaching its highest point in almost two weeks. The digital asset nearly touched $63,500, exciting many in the market. Despite this positive movement, some analysts are warning investors about a historical trend. Mondays have often shown "terrible" price action for Bitcoin. This pattern suggests that while the weekend brought gains, the start of the new week could bring challenges for BTC holders, urging caution among traders.
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