Week 27 Bitcoin Price Forecast

Bitcoin Price Forecast Week 27: Out of all the weeks in 2023, this past week was the 4th best. The week started off with a false report that Black Rock's iShare's Bitcoin Spot ETF had been approved. This sent price screaming to $30K, before Cointelegraph retracted it's statement and issued an apology. On that day, $100M worth of short positions were liquidated in an instant.

Despite the fake news, being broadcasted, Bitcoin still managed to get back to $30K by the end of the week. At this point, price has broken all of the major resistance points that were created over the past few months. The only remaining key level to break is $32K. Once that happens, there will be no stopping Bitcoin from advancing rapidly towards old all time highs.

If you've stuck around up to this point, congratulations. You've survived one of the worst bear markets in crypto history. We're finally starting to see signs of upside movement. Brighter days ahead.

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