Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains.Bitcoin was on track to log slights gains at its weekly close, the first weekly green candle — albeit small — since May.
Before then, however, anything could happens, according to on-chain analytics resource Material Indicators (MI).
Referencing recent weekend price action, MI recommended Twitter followers not to be complacent in the absence of weekday volume.
"If BTC can take out the 200 WMA there is room to run," part of one post read.
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