Bitcoin, the largest cryptocurrency by market value, is trying to jump over 53K with its new record attempt on the last day of the week, and the bulls seem to dominate. The cryptocurrency is traded at $ 52760 (2.37%) with a surplus as of 12.40.
Since there is no support point, if it is up to me, a decrease may appear for a while.
What is the technical outlook on the Bitcoin chart?
Bitcoin: BTC / USDT
Bitcoin continues to rise from $ 33,000; (4H) continues to use the 20 EMA level as an uptrend.
If there is a decline, our technical levels are as follows: 47200 levels as the strongest support by FIB, trend and moving averages.
The $ 50,000 level seems to be the main psychological and the level that affects everyone's opinion.
As long as Bitcoin stays at these levels, the target will be 60 thousand dollars. Closings over 45 thousand do not cause deterioration in the upward trend, while 60 thousand and above make the target stronger.
If you want to watch 60 thousand and 82 thousand dollars in future closings over 50 thousand, it seems to be early for now.
CURRENT EVENTS:
-While corporate interest continues on the BTC side, it is said that some large and well-known companies in our country have invested in BTC.
Not investor advice!
