🚀🚀🚀Bitcoin is on the rise again: The bull run continues!
#Bitcoin (#BTC ), which quickly recovered after throwing a needle at $ 64,500, gave the green light to the bull.
Bitcoin (BTC), which caused unrest in the market by dangling to $ 64,500 a few days ago, made faces smile this time. With the step-by-step approach to Halving, the leader of the cryptocurrencies, which has regained bullish momentum, has set his sights on $ 70,000. The increase in enthusiasm brought by Halving paints a pretty good outlook for the market. So will this bullish move in BTC continue?
These 12 days will be decisive for Bitcoin!
Counting on average 12 days to the completion of the next halving, Bitcoin will chart the direction of the cryptocurrencies that will determine its route. BTC, which is currently over a good price zone, will first want to test $ 71,289 if positive news comes, halving excitement continues and it stays above $ 69,000. Later, the $73.684 level can be followed as a resistance. A one-week closing above this level will further inflame the bull run.
Factors such as the halving fire gradually going out, the arrival of fud news or BTC sagging below $ 69,017 will strengthen the probability of a decline. In such a scenario, respectively 67.613 – 65.766 – 64.692 and retreats towards $62,080 can be followed. The most critical support area in the short /medium term price structure will be the December of 63.030 – 62.080 dollars. Any process that falls under this area may bring sales pressure. In addition, crypto investors may need to be careful, especially these days, as there is very little time left for halving. Oct.
