BTCUSD

Last week, the BTCUSD parity, which experienced serious volatility, came back to the $ 70,000 band despite the serious sale in the spot market, especially after the $ 1.750 billion purchase from EFT, namely stock exchange funds, especially Blackrock. The Bitcoin halving, which is highly anticipated to occur 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, if Bitcoin, which broke its 7-day average around 68,000 again, breaks the 72,000 resistance again on a daily basis, we can see a 75,000 movement. If sales increase, the 66,000 support is the strongest support. Support: 66,000 - 62,000 Resistance: 72,000 - 75,000