After Bullish Weekly Bitcoin Price Close, Bearish Factors Force Downside Targets

Last night saw the weekly close in Bitcoin price charts. All eyes were on the important weekly close, as Bitcoin price hovered right around weekly resistance that has kept Bitcoin in a downtrend since the start of 2018 – a downtrend that the leading crypto asset is very close to finally breaking out of for good.
Bitcoin price ended up closing the weekly with the highest weekly close in all of 2019 and most of 2018 but was unfortunately not enough for bulls to prevent bears from potentially