BTCUSD

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BTCUSD

Bitcoin Managed to Close March with an Increase Again. It has managed to increase every month since August. This month, despite seeing $ 59,000, it rose to $ 73,750. It closed its monthly close near the ATH level at around $ 71,000. It dropped to $ 69,000 with a sudden drop in the morning. The highly anticipated Bitcoin halving, which occurs every four years and reduces the speed of creation of new bitcoins by 50%, is expected to occur on April 16, 2024. 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, if Bitcoin, which broke its 7-day average around 68,000 again, breaks the 71,000 resistance again, we can see a 73,000 Movement. If sales increase, the 67,000 support is the strongest support. Support: 67000 – 65000 Resistance: 71000 – 73000