Bull run before halving: Bitcoin (BTC) went crazy!

Bitcoin (BTC), which will complete its halving in less than two months, reached 57 thousand dollars after 118 weeks.

The bull run in Bitcoin (BTC) is not slowing down. The leader of cryptocurrencies, which has been rising breathlessly since testing $ 38,650, touched $ 57,000 after a break of approximately 118 weeks. BTC, which was traded at $ 38,650 on January 29, delighted the crypto world with a total increase of 48 percent. Which levels will be important to follow for BTC, which gives ATH signals before Halving?

The countdown for ATH has begun!

Bitcoin, which stepped on the gas with the momentum it gained from $ 38,500, broke the resistances one by one. The pioneer of cryptocurrencies, which gave almost no correction, made its way to $57,000 after overcoming the 53,000 resistance in volume.

BTC, which changed hands at $ 55,758 as of the writing of the news, may climb to even higher levels due to factors such as positive news flow or increased halving enthusiasm. In such a scenario, the levels of 57,798 – 61,831 and 68,945 dollars, respectively, should be followed as resistance. A break above the ATH level of $68,945 will trigger a new bull run.

Factors such as whales making large BTC transfers, releasing fud news to the market, or BTC having difficulty exceeding $ 57,798 will strengthen the sellers' hand. In such a scenario, a pullback to $53.227 can be expected first. Afterwards, the levels of 50,464 - 46,941 and 42,026 dollars can be followed as support levels, respectively.