Glen Goodman, author of Crypto Trader, reminded that $ 50 thousand is a critical level in Bitcoin (BTC).
Glen Goodman dated February 8 in the post, He took a closer look at Bitcoin. Behind the recent rises in BitcoinEmphasizing the importance of 50 thousand dollars, which is a critical level as resistance Goodman recommended that investors keep a close eye on this level.
$50,000 is currently a key level to watch in Bitcoin.
Bitcoin following spot ETF approval on January 10 49 thousand dollars band However, it started to decline after receiving a reaction from there. For the first time after Spot Bitcoin ETF approval 47 thousand dollars The price that rose above was 49 thousand dollars liquidity may be aiming for.
Glen Goodman stated in a comment on his post that he already has cryptocurrency investments, and that he has over 50 thousand dollars. If there is a breakout, you can buy more added.
According to CoinGecko data, in the last 24 hours 6.5% Bitcoin, which is on the rise, at the time of writing from $47,370 is being traded.