Bitcoin (BTC), which is up more than 15% in just two weeks, continues to show positive signs of a bull season. On January 23, Bitcoin (BTC), which was shaken by the news that came one after the other, tested $ 38,500. This price movement, which caused fear in the crypto world, was short-lived and then sat in an uptrend. In particular, the volume surpassing of $40,000, which is a critical threshold both technically and psychologically, has put sellers out of the way. Which levels are important to follow for the leader of cryptocurrencies, which have not broken their upward trend for two weeks despite intermediate corrections?
Pullbacks are considered a buying opportunity! With the breakdown of $40,000, the BTC, which gained effective momentum, experienced a significant increase. The pioneer of cryptocurrencies, which is correlated with dominance, has thrown above the minor resistance level for the time being. The BTC, which is trading at $44,514 at the time of writing, may tend to test the upper levels if there are no worrying transfers or fud news. In such a scenario, $45,479 – $46,198 – $47,036 and $48,966 can be targeted, respectively.
Factors such as Grayscale's continued heavy BTC sales, negative news from the global side, or BTC's four-hour close below $44,316 will naturally shake the pair. In such a scenario, drops to $42,498 – $41,511 and $40,381 can be observed, respectively. In addition, the range of $41,875 – $41,457 may be decisive in this process.
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Bitcoin (BTC) looks determined for a bull run!
Bitcoin (BTC), which is up more than 15% in just two weeks, continues to show positive signs of a bull season.
On January 23, Bitcoin (BTC), which was shaken by the news that came one after the other, tested $ 38,500. This price movement, which caused fear in the crypto world, was short-lived and then sat in an uptrend. In particular, the volume surpassing of $40,000, which is a critical threshold both technically and psychologically, has put sellers out of the way. Which levels are important to follow for the leader of cryptocurrencies, which have not broken their upward trend for two weeks despite intermediate corrections?
Pullbacks are considered a buying opportunity!
With the breakdown of $40,000, the BTC, which gained effective momentum, experienced a significant increase. The pioneer of cryptocurrencies, which is correlated with dominance, has thrown above the minor resistance level for the time being. The BTC, which is trading at $44,514 at the time of writing, may tend to test the upper levels if there are no worrying transfers or fud news. In such a scenario, $45,479 – $46,198 – $47,036 and $48,966 can be targeted, respectively.
Factors such as Grayscale's continued heavy BTC sales, negative news from the global side, or BTC's four-hour close below $44,316 will naturally shake the pair. In such a scenario, drops to $42,498 – $41,511 and $40,381 can be observed, respectively. In addition, the range of $41,875 – $41,457 may be decisive in this process.
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