With the announcement of the US inflation data, a great activity was seen in the crypto market, exceeding the 25 thousand dollars level on the BTC side.
With the effect of consecutive FUD news in the past days, BTC made a strong attack. Looking at the current situation, BTC, which has risen from $ 19,500 to $ 25,350 in a short period of time, has given confidence to the crypto investor.
New Highs Possible for BTC!
As long as BTC stays above $25,000, it may be possible to expect new highs. BTC, which has recently gathered strong buyers from the crypto market, has exceeded the $25,000 level in volume. Unless a global negative scenario is encountered, it seems likely that BTC will continue on its way with buyers.
If the $25,000 level is permanently exceeded, the major resistance level for BTC, $30,000, can be targeted. The positive developments in stablecoins have also been the “lifeline” for the crypto market for now. In the scenario that there will be no negative results from the Fed rate decision that will take place in the near future, new peaks can be observed in BTC in March.
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