If you’ve been on crypto social media today, you’ve probably seen everyone talking about the "Weekly Close." But what does it actually mean, and why does a single minute at midnight matter? 🕓
In a 24/7 market, the weekly close (Sunday at 00:00 UTC) is the most important "stamp" for long-term investors.
💡 Why it’s a big deal:
Trend Confirmation: Daily moves can be "noise," but where the week ends shows us the true consensus of big players. A close above a key level (like $70k) confirms that buyers are still in control of the macro trend.
The "Wick" Story: Look at the chart. Yesterday we saw a long "wick" down to $60k. If we close the week much higher, it shows a "Bullish Hammer" — a signal that the crash was rejected by strong buyers.
Bot & Algorithm Triggers: Many institutional trading bots are programmed to execute trades based on weekly candle closes. A strong close often leads to "Green Mondays" as new capital enters.
🛡️ My Sunday Rule:
Don’t let the "intra-day" swings stress you out. The only price that matters for the weekly trend is the one we see when the clock hits midnight.
Community Check:
How do you use the weekly close in your strategy? Do you wait for confirmation, or do you trade the weekend volatility? Let’s learn from each other. 👇
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