Will the rise in Bitcoin (BTC) continue? What is the latest situation?


What are the next price moves of Bitcoin (BTC), which increases its performance as the halving approaches?
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With approximately 50 days left until the halving, Bitcoin (BTC), which is gradually increasing its momentum, continues to price above $ 60,000. The leader of cryptocurrencies, which made the weekly close above a critical level, is making the bull run clear day by day. The BTC, which started to bring altcoins after it with its own rise, filled crypto investors with joy. So, can this price movement on the BTC side continue? Which levels can be important to track?
With the ATH surpassed, a completely different season can begin!
The BTC, which is only 10% away from its current ATH, could break through $68,945 if the market continues to be excited. With the exceeding of this level, the inflow of hot money into the sector will increase, and the crypto investor inside will become more enthusiastic. Afterwards, the Fibonacci indicator can be used to monitor resistance levels. The most important resistance level will be $100,000, which is a psychologically challenging point.
Factors such as the decrease in excitement as the halving approaches, the arrival of fud news that may drag the market down, or the BTC starting to close daily below $60,000 will strengthen the hand of sellers. In such a scenario, pullbacks to $61,838 – $57,800 – $53,230 – $50,465 – $46,940 and $42,025 can be observed, respectively.
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BTC0.31%
ALT-0.54%
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