BTCUSD

BlackRock's Bitcoin fund received money again yesterday. The money that has entered since the beginning of the week is $ 1,550 billion. The spot market was full of buyers all day and BTC reached the $ 69,000 resistance again. It is useful to be ready for high volatility on the last day of the week when the Non-Farm Employment Data is released. We can see both the $ 72,000 and $ 66,000 levels on the same day. 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), that BTC will benefit from the dual benefits of the halving and monetary policy changes. Technically, if Bitcoin, which has broken its 7-day average around 67000, breaks the 72000 resistance again, we can see a 75000 movement. If sales increase, 66000 support is the strongest support. Support: 66000 - 62000 Resistance: 72000 - 75000