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These levels are very important in Bitcoin: Is the rise starting?
The Bitcoin (BTC) that entered a turbulent process after the halving caused concern among crypto investors. The admiral of cryptocurrencies, which has already aroused great curiosity for the next price move, continues to keep the altcoin on their toes. So, when will the bull run of Bitcoin, which everyone is eagerly waiting for, start? What levels should Crypto investors consider in BTC?
Things are heating up in Bitcoin (BTC)!
After completing his fourth halving, Bitcoin, who has yet to decide on his iteration, goes back and forth in a short price range. The leader of cryptocurrencies, which usually move with the price flow, also attracted attention with the decrease in its volume.
The BTC, which eased to the $64,480 band with various fud news and large outflows in spot ETF, may fall up to $63,040 – 61,989 – 60,810 – 59,009 – 56,622 and $54,966, respectively, if the negative outlook continues. In particular, the loss of the $63,040 to $61,989 range could put the dominance in the hands of sellers.
Weekly closes above $100,000, which is followed by a large part as the main resistance, will increase confidence in Bitcoin. In addition to these, positive developments that may come from the global environment will further ignite BTC.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.