From Cointelegraph

June 29, 2025 08:56:00 AM:

Bitcoin experienced weekend volatility as James Wynn of Hyperliquid switched between short and long positions. Short timeframes indicate bullish control, with potential for the highest-ever weekly and monthly candle closes. BTC reached $108,500, hitting two-week highs as Wynn’s $13.9 million short position triggered market reactions. Chart analysis suggests ongoing bullish market strength, with a golden cross on the MACD indicator and potential historic weekly closes above $109,000.

Read more at Cointelegraph: Bitcoin Price Volatility Makes A Record Weekly, Monthly Close Possible