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🔥💥These levels are very important in Bitcoin: Is the rise starting?
After Halving, #Bitcoin (#BTC ), which has entered a turbulent process, has caused concern among crypto investors. The admiral of cryptocurrencies, who is already causing a lot of curiosity for the next price move, continues to keep altcoins on edge. So when will Bitcoin's bull run, which everyone is eagerly waiting for, start? What levels should cryptocurrency investors consider in BTC?
Things have escalated in Bitcoin (BTC)!
Bitcoin, which has not yet decided on its route after completing its fourth halving, is going back and forth in a short price December. The leader of cryptocurrencies, which usually move with the price flow, also attracted attention with a decrease in volume.
BTC, which has eased to the $64,480 band with large outflows in various fud news and spot ETFs, respectively, if the negative outlook continues 63.040 – 61.989 – 60.810 – 59.009 – 56.622 and it could drop as low as $54,966. Especially the loss of the December of 63,040 - 61,989 dollars can put the dominance in the hands of sellers.
Factors such as the data flow on spot ETFs turning positive, the fud news settling down, the halving effect being seen or the FED going to cut interest rates will add strength to Bitcoin. In such a scenario, respectively 67.091 – 69.017 – 71.289 and $73,684 can be targeted. If ATH breaks, a completely different bull run for BTC will be on the table. If new ATS are introduced, the level to be taken into account from a psychological point of view will be $ 100,000.
Weekly closures above $ 100,000, which is followed by a large part as the main resistance, will increase confidence in Bitcoin. In addition, positive developments that may come from the global will further ignite BTC Oct.
