The bitcoin is in a rally this week as it surpassed the 40k$ mark. But its safe to stay calm and analyse the market well rather that being fomo and taking risky and stupid decitions. There is a resistance at 41k$ - 42k$ mark. There can also be a correction again and also there is a CME gap at 40k$ mark. So keep an eye on those key levels and points. Manage your risks and money always.
This is not accurate, as breaking $43,860 and continuing to stay above this level will lead to us reaching the value of $50,000 easily, with correction levels at $48,700 in the worst case scenario.So far, the upward trend is prevailing, which is supported by indicators such as the Relative Strength Index (RSI) and the Awesome Oscillator (AO), which indicates that investors still believe that the price may move positively, so staying above the $43,860 is what will confirm this trend.
