Waiting for the bull run: $BTC enters the crucial phase of the year above $60,000
After a surge that took $BTC above $60,000, the market is attempting to establish this level as support, although it faces notable resistance at $65,000, suggesting a key selling area. đ Bitcoin is moving in an ascending channel after a period of sideways movement, indicating continued interest and possible accumulation before a significant move. đ
Analysts on social media are optimistic, suggesting that a new all-time high could be in the cards before the end of the year, especially considering post-correction recovery patterns and post-halving historical cycles. đ In the next 15 days, $BTC is anticipated to attempt to consolidate above $65,000; If it manages to break this resistance, it could start a bull run. đ°
However, if the market considers this level overbought, corrections towards lower supports could occur. đ In this context, the 'Dollar Cost Averaging' approach stands out as an effective strategy, allowing investors to spread their purchases over time, which can be more beneficial in a volatile environment. đĄ It is essential to closely follow the news and developments in the market to navigate this critical phase. Stay alert! đ
