BTCUSD

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BTCUSD

Bitcoin broke the record of the last 3 years by reaching 52600 last week, then corrected from a place close to 50000 and came back to 51700. BTC, which started the week by continuing this upward movement, is currently moving at 52280 levels. The most important factor showing that the upward movement can continue is the confidence in Bitcoin, which is getting stronger with the total purchase of 6,230 billion dollars in ETF Positions. Since the American Stock Market is closed today, there will be no purchase. In the Medium Term (3 Months), BTC will benefit from the dual benefits of the halving and monetary policy changes. Technically, if Bitcoin, which broke its 7-day average around 50,800, breaks the 53000 resistance on a daily basis, we can see a 53800 movement. If sales increase, the 51400 support is the strongest support. Support: 51400 Resistance: 53000