Bitcoin Is Back: The Bulls in BTC Said We’re Still Here!

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Bitcoin price It seems that he has completed his correction, which he started after October 20, today. The leading crypto currency, which broke its own record with 66.998 dollars on October 20 and then went up, seems to have proved that it is still strong today with the candles it has lit in a row.

Bitcoin Is Back in the Game

There was no news from China or a negative statement made by any government behind the fall in the Bitcoin price. And this is by analysts Bitcoinhe caused comments to be made at the point where he made a correction and would eventually turn his direction up. Judging by today’s price movements, it seems that these comments have made the right point.

For some time in the market, investors began to make repurchases after receiving a profit. This too BTC pricethis allowed it to rise again to the important level of $ 61,000 today. In particular, purchases made around 11:000 instantly raised the BTC price to $1,700.

Bitcoin Bulls Pull the Price Up

After the correction in the market Bitcoin bulls it seems that he has started actively buying again. At this point, it is expected that BTC will first convert the $62,000 resistance into support and move towards the $65,000 level.

If the forecasts come out as expected, we may see Bitcoin make big price movements at the end of the week.

However, it is still useful for crypto currency investors to be cautious and make moves without forgetting the volatility of the crypto currency market.

The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.

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