BTCUSD

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BTCUSD

Bitcoin has been rising since the beginning of this week and finally broke the 46,000 band. After the ETF Approval was announced, there is a resistance of 49,000, and when it is overcome, we can now officially say that the BULL Market has started. From April to May, the market will benefit from the dual benefits of the BTC halving and monetary policy changes. Since February, the decrease in Grayscale assets has almost ended. Although Grayscale will eventually be traded due to high fees, BTC ETF funds in general are still showing a slow inflow. Technically, Bitcoin, which is close to its 30-day average, broke the 30-day average, which is around 44,500, upwards and passed 46,000. If it breaks the 47,000 resistance on a daily basis, we can see a 48,200 movement. If sales increase, the 45,200 support is the strongest support. Support: 45,200 Resistance: 47,000