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Bitcoin started the week well: Will the rise continue?
Stepping into the new week with over $64,000, Bitcoin (BTC) has excited crypto investors again.
Bitcoin, which has been on a recovery trend in recent days, has started to put a smile on the face of cryptocurrency investors. The leader of cryptocurrencies, which turned its course upwards after pricing fall for a while, also experienced sharp rises in altcoin. Will BTC, which made the weekly opening in an area that we can describe as the bull zone, move towards $70,000? What levels should Crypto investors pay attention to in BTC?
Although Bitcoin has been risen, the dangers are not over yet!
After testing $56,600, Bitcoin stepped directly on the gas and managed to surpass $64,000. The volume of these rises revealed the strength of the buyers. However, the continuation of geopolitical problems, the FED's tight interest rate policy and the fact that the halving enthusiasm has not yet started continue to pose risks in Bitcoin.
In the event of a fall again, the levels that can be followed support in BTC will be 63,000 – 62,000 – 60,722 – 59,009 and 56,592 dollars, respectively. The loss of the recent low of $56,600 will trigger a massive sell-off.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.