Bitcoin’s Crucial Weekly Close Will Determine Whether It Enters a Real Bull Market

After facing a series of micro-rejections at just over $9,800 throughout the day yesterday, bulls were able to maintain Bitcoin’s position within the upper-$9,700 region prior to its daily close and were able to defend against an overnight selloff that led BTC down to lows of $9,600.
Bull’s current strength appears to be on the cusp of reaching a boiling point, as the crypto is now attempting to gain a solid foothold within the $9,800 region.
Importantly, tomorrow’s weekly clos