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

What could be the next price movements of Bitcoin (BTC), which increases its performance as halving approaches?

With approximately 50 days left until the halving, Bitcoin (BTC), which is increasing its momentum, continues to be priced above $ 60,000. The leader of cryptocurrencies, which closed the week above a critical level, is making its bull run clearer day by day. BTC, which started to follow altcoins with its rise, made crypto investors happy. So, can this price movement on the BTC side continue? What levels might be important to monitor?

A completely different season can begin with the ATH being exceeded!

BTC, which is only 10 percent away from the current ATH, could break $68,945 if the excitement in the market continues. As this level is exceeded, the inflow of hot money into the sector will increase and the crypto investors 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 difficult point.

Factors such as the decrease in excitement as the halving approaches, the arrival of fud news that may pull the market down, or BTC starting to close daily below $ 60,000 will strengthen the sellers' hand. In such a scenario, withdrawals to 61.838 – 57.800 – 53.230 – 50.465 – 46.940 and 42.025 dollars can be observed, respectively.