BTCUSD

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BTCUSD

Bitcoin continues at horizontal levels after the $ 64000 level it reached the other day after November 2021. Despite pushing 64000 again with the increase in Nasdaq after the PCE Data Announced yesterday, it could not break the 64000 barrier and closed the day close to the 61000 level due to the effect of profit sales. According to the official data announced yesterday, $ 6 billion of net BUY purchases came from Stock Exchange ETFs to date. BTC, which started the new day with a slight buyer, is moving around 61500. 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 54,500, breaks the 63000 resistance on a daily basis, we can see a 64500 movement, if sales increase, the 60000 support is the strongest support. Support: 60000 Resistance: 63000