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Bitcoin Nears $63.5K at Weekly Close as Trader Flags 'Absolutely Terrible' Monday Pattern

7/5/2026

Bitcoin pushed toward $63,500 heading into the weekly close over the weekend, marking its highest price level in nearly a fortnight.

The brief rally came with an immediate caveat: at least one trader issued a pointed warning that BTC's track record on Mondays is "absolutely terrible." Weekend Gains Reach a Two-Week High The move brought Bitcoin to levels it had not seen in roughly two weeks, offering bulls a foothold after what had been a subdued stretch for the asset.

The $63,500 zone represented a meaningful near-term recovery, arriving precisely as the weekly candle was set to close — a timing that market participants often treat as a signal of momentum continuation or exhaustion heading into the next trading week.

The Monday Problem The optimism, however, ran directly into a pattern that at least one unnamed trader flagged with unusual bluntness.

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