BTCUSD

Bitcoin Managed to Close Last Week Almost as It Started As an Institution, We Still Have a Thought of a Retracement to 48000, The Most Important Reason for This, Since It Will React More According to the Situation of the American Stock Market Together with ETF, Especially the pullback in Nasdaq may play an important role in the fall of COIN Stock and ETFs, With the effect of this, a correction of approximately 7% is reasonable in our opinion, but in the Medium Term (3 Months), BTC will benefit from the dual benefits of the halving and monetary policy changes. Technically, if Bitcoin, which broke its 7-day average around 51,200, breaks the 53000 resistance on a daily basis, we can see a movement of 53800, if sales increase, the 50800 support is the strongest support. Support: 50800 Resistance: 53000