Bitcoin in major key area
BTC/USD COINBASE:BTCUSD
BTCUSD has reached a major key area on the 1D Chart.
Given the uncertainty in fiat, and how much it was impacted after the Russia-Ukraine crisis, it looks like the market has reached a deciding point on whether BTCUSD should continue the up trend.
While countries are trying to regulate cryptocurrency, the core idea still lies in its blockchain technology and decentralized nature.
Should bitcoin break the high above 46k , we can look toward key levels at 50k, 50.7k and 53.7k and so on.
