Bitcoin Makes Two Back-to-Back Weekly Closes Above 200-Week MA

Bitcoin (BTC) has closed above the 200-week moving average (WMA) for two consecutive weeks, according to market analyst Ali Martinez.

Martinez pointed out:

“Bitcoin printed a second consecutive weekly candlestick close above the 200-week MA. This week, BTC needs to remain trading above $23,000 to keep this crucial level as support. Notice…