BTCUSD

Bitcoin gave back some of the rise it experienced yesterday with the Fed Interest Rate Cut Expectations Remaining the Same. Its price, which exceeded $68,000, was pulled back to $64,500 during the day. The biggest share in this was the jump in the Selling pressure on ETFs for the 4th day in a row. Despite the fact that there is a great profit realization in the market, our expectation for BTC is still in the Medium Term (3 Months), that it will benefit from the dual benefits of the BTC halving and monetary policy changes. Technically, Bitcoin, which broke its 7-day average around 64,000 again, can see a 72,000 movement if it breaks the 69,000 resistance again on a daily basis. If sales increase, the 64,500 support is the strongest support. Support: 64,500 - 62,000 Resistance: 69,000 - 72,000