Bitcoin (BTC) started the week well: Will the rise continue?
Bitcoin (BTC), which has been recovering in recent days, started the week strong, making its investors happy.
Bitcoin (BTC), which has been recovering in recent days, started the week strong, making its investors happy.
With a weekly close above $66,000, Bitcoin gave crypto investors peace of mind. The admiral of cryptocurrencies, which gives confidence to the market even though it has not yet experienced the expected rise in altcoins, is currently facing a difficult region. If BTC exceeds this region, it seems that the money flow to altcoins will accelerate. So, what are the regions that investors should follow for Bitcoin?
Bitcoin, which has been moving upwards since testing $60,700, is facing an important resistance point. BTC, which has been making crypto investors happy for a few days with its momentum, will signal the altcoin bull if it settles above $ 67,100. In a possible upward movement, the resistance levels that can be followed for #BTC will be 69,017 - 71,289 and 73,684 dollars, respectively. Breaking #ATH will herald a new bull run.
Increasing BTC dominance, the FED maintaining its tight interest rate policy, or the halving excitement not starting will increase sell-side transactions in BTC. In such a scenario, withdrawals up to 64,534 – 62,080 – 60,722 – 59,009 and 56,592 dollars can be observed, respectively. Short/medium term investors should especially pay attention to the range of $63,000 - $62,080. BTC's reaction will be decisive in this area.
