As we say tomorrow, BTC may move towards an upward breakout this time. The price has exceeded $61,000 again. It is too early to rejoice because we cannot expect a real return without seeing a weekly close above $63,000. Time will also tell whether those who strengthened their short positions above $60,000 are right again.
Bitcoin Is Rising Again
BTC For weeks, it has been making short positions happy with every upward attempt. But now things may change. The price has exceeded $61,000. Moreover, this rise has weakened DXY and is naturally linked to Fed policy, which is expected to ease. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
We announced it at the last minute. Fed The details of the minutes are like the minutes that came in January 2022. In those days, strong signals were given for monetary tightening and the decline in the markets accelerated. The only difference is that today those strong signals are coming for relaxation.
Even if the price exceeds $61,000, the daily close should be at current levels and the rise should accelerate at the opening of the Asian market. If we see a weekly close above $63,000, we can see that investors who are waiting for a decline again are disappointed. Altcoins have started to rise rapidly. If BTC remains strong, double-digit increases in altcoins will not be surprising.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
