3 reasons for bitcoin price weekend rally

Bitcoin and crypto prices are back in the green this Monday morning in Asia following a 5% gain from the king of crypto. BTC markets have been bolstered again and a couple of factors could be in play.

Weekend Rebound for Bitcoin Price
Following a fall from resistance last week, bitcoin price has rebounded again over the weekend as it pushes back above $8,600 this morning during Asian trading. The last 24 hours or so have been bullish with steady gains increasing BTC prices by almost 5% since the beginning of the weekend.
BTC price 1-hour chart –
Analysts such as Josh Rager have commented on the premise that anything holding over $8k is bullish the longer it stays there.

$BTC – nice start to open the week
I'll continue to accumulate sats via trading at these ranges and will buy spot $7ks or below
The longer we range…

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