Two factors have a big impact on price increases over $ 70,000.
hello guys.Bitcoin started at $ 48,374 today, then continued to rise to $ 48,728 and is currently trading at $ 47,500.If we want to have a technical analysis of this price, it seems that Bitcoin is correcting the price up to $ 43,000.Support for Bitcoin is in the range of $ 40,000.It seems we should see Bitcoin at $ 43,000 first.And then the uptrend will begin up to 60000-70000$.
Two factors have a big impact on price increases over $ 70,000.
1-the corona economy is must continue
2-Corporate purchases continue
also I think this will be a new bitcoin bullrun and Bitcoin will experience numbers above $ 500,000 in the next two or three years.
please like and share this analysis and comment your idea.
Two factors have a big impact on price increases over $ 70,000.
1-the corona economy is must continue
2-Corporate purchases continue
also I think this will be a new bitcoin bullrun and Bitcoin will experience numbers above $ 500,000 in the next two or three years.
please like and share this analysis and comment your idea.