Bitcoin experienced a serious rise in the last minutes and saw $ 55,500. BTC, which has risen to these levels for the first time since May 12, has reached the highest levels of recent months.
BTC, which has increased by more than 8 percent during the day, has increased its dominance in the market to 44.5 percent.
It is also seen that the fear and greed index increased to 68 points after the recent rises and the risk appetite in the market has increased.
Looking at the 4-hour chart, BTC’s most important resistance level is $55,500, which has worked as support and resistance many times before. At the moment, it seems that BTC has withdrawn from this level.
After this level is broken, it is stated that the most important obstacle in front of $ 60,000 is $ 58,000.
If Bitcoin sustains above the blue area ($53,000) shown on the chart, it is highly likely to continue its upward movements.
With the rise of BTC, it was observed that ETH rose to the level of $ 3590, while other altcoins were also observed to move upwards.