Bitcoin Price (BTC) has fallen into five straight weekends

Bitcoin (BTC) managed to put a modest rally early in the US trade session on Friday, but the move was quickly sniffed out. Does Tures light up positions in front of the weekend?

They could be forgiven to do so.

In his Friday note, Standard Chartered’s Geoff Kendrick said Bitcoin’s award has now fallen into five consecutive weekends (measured from 5 pm one Friday to the same time on Sunday).

Among afraid in this timeframe were Deepseek Ai News and Trump Tariff threats.

“This is not normal,” Kendrick reminded, noting that the weekend preaching for all 2024 tended to be quite muted, with Mondays and Fridays instead it was time to pay attention to great features.

Average return in BTC per Weekday since the beginning of 2024 (Geoff Kendrick/Stanchart)

Failed Rally on Friday

By approaching the action early Friday, Bitcoin managed to gather approx. 1.5% to $ 97,600 in very short order after the release of US retail data for January. The number of unanswered economists estimates by a kilometer, giving hope that Federal Reserve’s rate cuts may be back on the table in the first half of the year.

The price has since returned to about where it was in front of the printout for $ 96,400.

An extra thought for those who are afraid of the coming weekend: It is three days in the United States that are free to the day of presidents on Monday.

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