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Bitcoin Eyes $155,600 After 7 Straight Weeks in Green

  • Bitcoin closed green for the seventh consecutive week, indicating strong bullish sentiment from investors.
  • New target for Bitcoin is $155,601.73, identified as a potential new All-Time High, with analysts optimistic about further growth.
  • Market analysts warn of potential volatility ahead due to high open interest and liquidation risks, with obstacles on the path to the $155,000 target.
  • Derivatives market shows increased open interest on Binance, suggesting institutional players are returning, with Bitcoin's price at $109,767 and market cap at $2.18 trillion.

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