Bitcoin Price Declines for Five Consecutive Weekends

Bitcoin (BTC) experienced a brief rally of 1.5% to $97,600 on Friday but quickly fell back to around $96,400 following disappointing U.S. retail sales data.

Key points:

Bitcoin's price has declined for five consecutive weekends.
Concerns include news related to DeepSeek AI and potential tariff threats from Trump.
Standard Chartered's Geoff Kendrick noted the unusual weekend price trends in 2024.
Market focus is shifting to Mondays and Fridays for significant price movements.
Monday is a holiday in the U.S. for Presidents' Day, which may impact trading activity.