Bitcoin Holds Near $63.5K, Bearish Monday Warning Emerges

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Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an "absolutely terrible" Monday track record.

Bitcoin (BTC) consolidated near two-week highs into Sunday’s weekly close as traders geared up for fresh market turbulence.

Bitcoin approaches its highest levels in two weeks, but Mondays have been "terrible" for BTC price action, a trader warns.

BTC/USD is in the process of deciding the fate of its 200-week moving average.

Crypto market analysis sees "greener shoots" on the back of the latest US macro data.

Past seven Mondays "absolutely terrible" for BTC price

BTC/USD focusing on $62,700, the site of a key long-term trend line, the 200-week simple moving average (SMA).

Bulls managed a trip to $63,450 on Saturday amid thinner exchange order books and a three-day US holiday weekend.

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