Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

[Magepai]

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 happen, according to on-chain analytics resource Material Indicators (MI).

Referencing recent weekend price action, MI recommended Twitter followers to not 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:more