BTCUSD

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BTCUSD

Bitcoin broke 52000 yesterday and rose to 52100, then fell to 51400 with the profit sales after the US Stock Market opened, then recovered and passed 51800. Today it continues its upward movement. It passed 52000 again. Yesterday, the purchases of $ 610 million in ETF positions and the fact that the total exceeded $ 5 billion made us think that investors support the confidence in Bitcoin. In the medium term (3 months), BTC will benefit from the dual benefits of the halving and monetary policy changes. Technically, Bitcoin, which is close to its 30-day average, broke the 30-day average around 50,800 upwards and passed 51000. If it breaks the 52500 resistance on a daily basis, we can see a movement of 53800. If sales increase, the 50200 support is the strongest support. Support: 50800 Resistance: 53800