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COINTURK NEWS > Bitcoin (BTC) > Bitcoin Price Surpasses $65,000
Bitcoin (BTC)

Bitcoin Price Surpasses $65,000

In Brief

  • Recent movements indicate a rising trend in crypto.

  • Bitcoin's surge revives the cryptocurrency market.

  • Bitcoin's price today made a significant leap.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Cryptocurrency world has recently been witnessing an upward movement. Bitcoin’s rise has also revitalized the cryptocurrency market, exciting the market. The previous 1.5 months of decline followed by sideways movement seems to have ended.

Bitcoin Price Exceeds $65,000

While writing this article, Bitcoin’s price today achieved a significant breakthrough. As the flagship of cryptocurrencies, Bitcoin surpassed $65,000, reaching up to $65,500 on the cryptocurrency exchange Binance.

If the positive atmosphere continues, Bitcoin will first need to surpass the $66,000 level. Frankly, this level currently acts as a critical resistance. Overcoming this level, analysts like Michael van de Poppe suggest that BTC could start a journey towards an all-time high.

On the other hand, there are no significant obstacles up to $68,000 for Bitcoin. Coinglass data reports that about $99 million in liquidations occurred in the last 24 hours. Even a glance at the liquidation figures shows they are low compared to the figures on days with sharp movements. Now all eyes are on the $66,000 level for BTC. Will this critical level be surpassed?

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 May, 2024 - 12:21 pm 6 May, 2024 - 12:21 pm
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