BTCUSD

Bitcoin spent the first day of April with a sell position and closed. BTC, which experienced a pullback to $ 68,000 during the day, recovered in the evening and managed to close the day at 69,800. BTC, which started the new day with a tremendous sale, is moving around $ 66,000. The highly anticipated Bitcoin halving, which occurs every four years and reduces the speed of creation of new bitcoins by 50%, is expected to take place 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, Bitcoin, which broke its 7-day average around 68,000 again, can see a 70,000 Movement if it breaks the 68,000 resistance again on a daily basis. If sales increase, the 64,000 support is the strongest support. Support: 64,000 - 62,000 Resistance: 68,000 - 70,000