# Weekly close above $42000.What next?

By [AAYUSH BASNET](https://paragraph.com/@aayush-basnet) · 2024-01-31

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Showing a bulls strength ,BTC closed above $42000 in the weekly chart .Technical and fundamental of bitcoin is really bullish but the question is , Is this the correction completed or more pull back is yet come? Well some experts believe that more than 20% correction is still needed for BTC to be more stable and make ATH with the completion of halving a major upcoming event for BTC.

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*Originally published on [AAYUSH BASNET](https://paragraph.com/@aayush-basnet/weekly-close-above-42000-what-next)*