Bitcoin (BTC) Maintains Upward Momentum with Weekly Gain Near 3.44%

Bitcoin (BTC) has experienced a modest increase of approximately 0.9% in its price, reaching $117,825, which is equivalent to about 4,778,546 Turkish Lira. Over the past week, it has shown a cumulative growth of roughly 3.44%, indicating a slight upward trend in the short term.

The highest recorded price within the recent period was around 4,815,988 TL, while the lowest dipped to approximately 4,718,154 TL. This fluctuation reflects a relatively stable but upward-moving market, with the weekly trading volume totaling about 5.3 million TL, suggesting steady trading activity and investor interest.

Bitcoin’s current price behavior suggests that it continues to maintain strength and resilience in a volatile market environment. Its recent price movements and weekly growth indicate a positive momentum, possibly driven by renewed investor confidence or favorable market conditions.

Nevertheless, traders should remain cautious and monitor key support and resistance levels, especially given the market’s inherent volatility. Short-term traders might consider leveraging this upward momentum, while long-term investors could view this as an indication of ongoing bullish sentiment.