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Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses

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Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000.Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held a narrow range after the Wall Street trading week.With volatility absent, traders hoped for a move to larger areas of support or resistance next.“Still wedged between the supply and demand zone ..

Hoping for a break today so we have some juicy action to play with,” popular trader Crypto Tony summarized, noting upside and downside targets were around $27,900 and $31,000, respectively.Time for #Bitcoin to make a decision?

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