Bitcoin (BTC), which managed to overcome a critical resistance level in volume, brought a spring mood to the crypto industry.
BTC, which has been struggling with the $ 38,700 level for several days, has finally overcome this obstacle. The leader of the cryptocurrencies, which came directly to $ 39,720 with the break of the resistance, naturally withdrew due to some selling pressure. Which prices are important to follow for BTC, which increases its price every day?
A brand new season may begin for cryptocurrencies!
BTC, which has been pricing in an almost completely uptrend since $ 30,000, touched on this trend due to the recent Fud news. A new attack came from BTC, which gained strength from the trend support while maintaining the positive atmosphere in the market. After touching the trend, BTC turned its course upward again and managed to reach $ 39,720 in a short time.
As of the writing of the news, BTC, which found buyers at $ 39,459, seems to continue its rise as long as the enthusiasm on it continues. If negative news that will drag the market down does not appear and BTC settles above $ 39,609, there may be a movement to the levels of 40,381 – 40,883 – 41,418 and $ 41,937, respectively. A completely different season may begin in the cryptocurrency market, especially with the massive breakout of $40,000.
Situations such as the market turning into a risky situation due to various news, especially regulators, BTC breaking the uptrend or not being able to maintain permanence above $ 39,609 will increase the possibilities of withdrawal. In such a scenario, the levels of 38.93 – 38.424 – 37.970 – 37.347 – 36.520 – 35.879 and 35.293 dollars, respectively, can be followed as support.
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