Bitcoin (BTC) on its way to the top: It's coming with a bang!

Bitcoin (BTC), which has exceeded $65,000 after a long time, is gradually accelerating its bull run.

The breakout of the $64,000 band, which corresponds to the 200-Day Moving Average value, carried Bitcoin to $65,500. Even if altcoins have not yet been able to follow this price movement, BTC has given confidence to the market. The admiral of cryptocurrencies, which has been rising breathlessly since $52,000, seems to be continuing its bull run.

$BTC , which turned its course upwards with the Fed's interest rate decision, increased its bull signals with the approach of the US presidential election.

BTC, which is currently traded at $65,512, will accelerate its bull run if it maintains the $63,000 support zone. In this process, the news flow towards the crypto industry and developments in the US presidential election will play an important role. If positive news arrives or Donald Trump is elected president, Bitcoin may make sharp upward moves. In such a scenario, the $67,091 - $69,800 and $73,684 levels should be monitored as resistance levels, respectively.

Daily closings below $63,000 will increase selling pressure. In addition to these, a pessimistic atmosphere may prevail in the sector with the arrival of negative news or the election of Kamala Harris as president. The $63,000 - $59,721 - $58,752 - $52,838 and $50,580 levels should be considered as support levels, respectively. The $60,000 band, which is technically and psychologically critical, will have a say in short/medium-term price movements.

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