$BTC Tests Previous Highs as Analyst Remains Bullish

BTC's price action this week has been impressive, according to KuCoin. The cryptocurrency is currently revisiting its previous Value Area High (VAH) for a retest.

KuCoin notes that holding above this level is crucial, as failure to do so could lead to a revisit of the lows.

The analyst remains bullish on BTC, but emphasizes that the weekly close later today will provide more insight into the week ahead.

If the price closes below the current level, bearish price action may follow in the coming days. Conversely, a close above could indicate bullish continuation over the next few days.