Bitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800.
Source: https://cointelegraph.com/news/bitcoin-price-why-todays-weekly-close-is-crucial-to-avoid-8-000s
Bitcoin Price: Why Today’s Weekly Close Is Crucial to Avoid $8,000s
May 24, 2020
CoinTelegraph