The price of Bitcoin (BTC) has experienced a significant rise over the past hour and is probably still ongoing. The digital currency surpassed $43,900, the resistance it has been trading sideways since the end of January.

At the time of writing, BTC is trading at $44,260 each.
If Bitcoin continues its bullish path, the breakout zone of 43,900 is likely to become support. This will reduce the likelihood that the price will fall from there, as explained by the theory of support and resistance.
A few pieces of good news in Bitcoin and the digital asset ecosystem are bullish. For example, the good performance and organic growth of ETFs in the United States, which were approved almost a month ago. Minutes ago, this information portal reported that these ETFs (not counting the Grayscale company, which was previously listed on the secondary markets) have a total of 185,000 bitcoins. That's as much as the MicroStrategy company has accumulated BTC.
And MicroStrategy is the protagonist of another piece of good news that supports bitcoin. As it is known today, February 7, the company led by Michael Saylor will be dedicated to the development of Bitcoin technology.
Also, the proximity of the next halving (less than 100 days later) increases BTC uptake. This is because, historically, the price of bitcoin has risen higher and higher a few months after each halving. With that in mind, this could be a good accumulation zone.