BTCUSD

Bitcoin traded above $49,000 for the first time since December 2021, after the US regulator approved funds traded on the Bitcoin exchange and ETF orders started coming in. It is gradually approaching its old record level. Much more active times await us, as there will be both a halving process and an exchange ETF application process for ETH and XRP. Over $2 billion entered the exchange ETFs yesterday. This figure seems quite sufficient and determines our target area as $70,000 for the future. Support: 44400 Resistance: 48400