Bitcoin

Gains

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-breaks-record-against-the-dollar-again/" data-wpel-link="internal">Bitcoin Breaks Record Against the Dollar Again</a><br></p>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/alti-ay-icinde-bitcoin-btc-hangi-seviyeleri-gorecek" data-wpel-link="internal">Bitcoin</a></strong> price today hit another record. <a href="https://coin-turk.com/isabetli-bitcoin-tahminleriyle-unlu-analist-net-konustu-ilgisi-bile-yok" data-wpel-link="internal">BTC</a> reached $73,777, setting an all-time high. The critical question now is which levels should be monitored for <a href="https://en.coin-turk.com/grayscale-wins-sec-lawsuit-bitcoin-drops-as-etf-applications-are-delayed/" data-wpel-link="internal">Bitcoin</a> in the next stages. We are now in a period where levels above $80,000 are being mentioned. There is currently no reason for it not to happen. However, attention should also be paid to the levels I will mention below.</p> 
<h2 style="text-align: justify" id="bitcoin-sets-new-record-against-the-dollar">Bitcoin Sets New Record Against the Dollar</h2> 
<p style="text-align: justify">Bitcoin price has set a new record against the dollar at $73,777. Bitcoin is now preparing for a move towards the $75,000 resistance in the near future.</p> 
<p style="text-align: justify">Bitcoin price is showing positive signs and is focused on gaining more above the $73,000 level. The price is trading above the $72,500 level and the 100-hour Simple Moving Average.</p> 
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/grayscale-announces-historic-date-for-spot-bitcoin-etf/" data-wpel-link="internal">BTC</a></strong>/USD pair’s hourly chart shows an ascending trend line with support at the $72,800 level. If the pair surpasses the resistance levels of $73,450 and $73,500, it can continue its upward movement.</p> 
<h2 style="text-align: justify" id="what-is-bitcoin-s-value-in-turkish-lira">What is Bitcoin’s Value in Turkish Lira?</h2> 
<p style="text-align: justify">Bitcoin also reached a new record against the Turkish Lira today. BTC hit 2,401,021 TL. We continue to base our evaluation on the dollar. After forming a base above the $72,000 level, Bitcoin price started a new increase above the $72,500 resistance.</p> 
<p style="text-align: justify">The price surpassed the $73,000 level and even traded above $73,500, setting the all-time high at $73,777. The price then retreated below the $73,000 and $72,500 levels but rose again and is currently trading above the $73,000 level.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-327433 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/BTC-coin-turk-com-1-9.png" alt="" width="1276" height="553"></p> 
<p style="text-align: justify"><strong><a href="https://coin-turk.com/son-24-saat-turk-yatirimcilar-en-fazla-bu-kripto-paralari-aliyor" data-wpel-link="internal">The cryptocurrency</a></strong> Bitcoin is currently trading above the $72,500 level and the 100-hour Simple Moving Average. Gains are holding above the 50% Fib retracement level of the upward move from the $71,725 low to $73,485.</p> 
<p style="text-align: justify">The immediate resistance level is at $73,200. The next significant resistance level could be $73,500, and if the price surpasses this level, it could rise towards the $74,200 resistance zone. A clear break above the $74,200 resistance zone could attempt to surpass the $75,000 resistance zone. Further gains could push the price towards the $76,500 level.</p> 
<h2 style="text-align: justify" id="is-another-downward-correction-possible-for-bitcoin">Is Another Downward Correction Possible for Bitcoin?</h2> 
<p style="text-align: justify"><strong>Bitcoin</strong> may initiate a downward correction if it fails to break above the $73,500 resistance zone. The critical support level on the downside is $72,800. A descent below this level could lead to the next support level at $72,150.</p> 
<p style="text-align: justify">If there is a close below $72,150, the price could start a correction towards the $70,000 level. Further losses could push the price towards the $68,500 support zone.</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-breaks-record-against-the-dollar-again/" data-wpel-link="internal">Bitcoin Breaks Record Against the Dollar Again</a></h5>

Bitcoin Breaks Record Against the Dollar Again

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