#Bitcoin is confused where to head? After many rejection from the support level #Bitcoin at last is at its resistance level that is $46K at the time of writing.

This is the major resistance level which will help to take #Bitcoin at $50K. The next target for #bitcoin is $50K if we see a good move and with a good volume.

If in case BTC is rejected from this level it will be back towards $43K. Therefore, this level is very necessary for Bitcoin to surpass.

Many traders or investors may be thinking what is the main reason for this pump which is more than 5%. This good price move is only for #bitcoin and not other altcoins.

The main reason for it is the coming of #bitcoin halving. #Halving is now very close and we are only two months away. As we get closer to halving the price of #Bitcoin will go on rise.

But I think the bitcoin will only rise till halving. As we soon approach halving days the price will reflect back down as it happened with the news of ETF.

We noted that after approval of ETF the price moved down. The same may happen with the case of #bitcoin halving. Therefore, I think it is the good time to buy #Crypto.

Bitcoin's Roadmap to $50K

I guess this month of February will be a blessing month for Crypto and the price may reach its all time high.

This is just my prediction and thoughts and not any financial advice. Please do your own research.

What do you people think about the next move of Bitcoin? Do you think Bitcoin will reach its all time high till near the halving? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

 NOTE: IMAGES ARE TAKEN FROM CANVA. 

Thank You!
Best Wishes.

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