BTCUSD

Bitcoin prices have seen the $70k level for the first time in history. As of yesterday, we are above $72k. There is an inflow of over $10 billion to BlackRock's spot Bitcoin ETF in a two-month period. Bitcoin ETF did not react negatively to these fundamental variable-based macro data and Fed expectations. We think that this week's CPI and next week's Fed meeting will affect Bitcoin prices again. If the sales we saw on Friday in US technology stocks continue, we may see a "correction" in Bitcoin prices "at some point". Our expectation is still in the Medium Term (3 Months), to benefit from the dual benefits of the BTC halving and monetary policy changes. Technically, Bitcoin, which broke its 7-day average around 68000, can see a 75000 Movement if it breaks the 73000 resistance again on a Daily basis, if sales increase, the 69500 support is the strongest support. Support: 69500 – 68200 Resistance: 73000 – 75000