<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-continues-to-soar-reaching-69000/" data-wpel-link="internal">Bitcoin Continues to Soar, Reaching $69,000</a><br></p>
<p class="p1" style="text-align: justify"><a href="https://coin-turk.com/abd-sece-bir-darbe-daha-temsilciler-meclisindeki-kripto-yasasinda-son-durum" data-wpel-link="internal">The cryptocurrency market</a> continues to be dominated by the <a href="https://coin-turk.com/alarmlar-neden-caliyor-kripto-para-yatirimcilarina-iyi-haber" data-wpel-link="internal">Bitcoin</a> trend. Accordingly, <strong><a href="https://en.coin-turk.com/bitcoin-price-could-reach-42000-with-the-launch-of-etf/" data-wpel-link="internal">Bitcoin</a></strong> managed to rise to the $69,000 level at the time of writing. The optimistic period in ETF funds and the positive expectations for the halving event have enabled Bitcoin’s price to reach the $69,000 level. So, what should be considered during this process? Let’s examine together.</p> 
<h2 class="p1" style="text-align: justify" id="bitcoin-chart-analysis">Bitcoin Chart Analysis</h2> 
<p class="p1" style="text-align: justify">The four-hour <strong>Bitcoin</strong> chart highlights a rising channel formation. According to this, in the short term, particularly in the futures market, a potential breakout could determine a long-term direction for Bitcoin. The last bar formation, supported by the EMA 9 (blue line), suggests a positive scenario for Bitcoin.</p> 
<p class="p1" style="text-align: justify">The most important support levels to watch on the four-hour Bitcoin chart are; $67,685 / $66,637 and $65,350, respectively. Especially a four-hour bar close below the $66,637 level, which intersects with the <strong>EMA 9</strong>, could lead to a loss of momentum in Bitcoin’s price. Conversely, if this does not occur, Bitcoin could embark on a journey towards new all-time high levels after the $69,000 mark.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-323365 size-full" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-1.png" alt="" width="2350" height="1111"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-continues-to-soar-reaching-69000/" data-wpel-link="internal">Bitcoin Continues to Soar, Reaching $69,000</a></h5>

Bitcoin Continues to Soar, Reaching $69,000

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