Bitcoin (BTC), surpassing $65,000 after a long time, is increasingly accelerating its bull run.

The breakout of the $64,000 band, which corresponds to the 200-day moving average, pushed Bitcoin to $65,500. Although altcoins have not been able to follow this price movement yet, BTC has given confidence to the market. The leader of cryptocurrencies that have been rising steadily since $52,000, seems to continue the bull run.

With the Fed interest rate decision, BTC turned its course upwards, and with the approaching US presidential elections, it increased bullish signals. So, which levels should cryptocurrency investors consider in Bitcoin?

BTC can see new highs as long as it stays above $63,000!

BTC, currently trading at $65,512, will accelerate its bullish run if it maintains the support zone of $63,000. News flow related to the crypto industry and developments in the US presidential election will play an important role in this process. In case of positive news or Donald Trump's re-election, Bitcoin may make upward aggressive moves. In such a scenario, the resistance levels to be followed are 67,091 - 69,800 and 73,684 dollars respectively.

Daily closings below $63,000 will increase selling pressure. In addition, a negative atmosphere may prevail in the sector with the arrival of negative news or the election of Kamala Harris as president. Support levels should be considered as $63,000 - $59,721 - $58,752 - $52,838 and $50,580. The $60,000 level, which is critical from a technical and psychological perspective, will have a say in short/medium-term price movements.

This article does not contain investment advice or recommendation. Every investment and trading action involves risk, and readers should conduct their own research when making decisions.