The level of 61299 thousand was broken by a monthly candle
This level turned from resistance to support
Bitcoin is trying to hold on to this gain and stabilize above this support
We are now in April
The month is still long and the conflicts between buying and selling are long
To know whether stability above this support will continue for the long term again (again for the long term)
Because this level will have many rises and falls throughout this month
With the presence of fundamental analysis
It is that the Federal Bank in the future will begin to reduce interest rates (the time is unknown).
But if it starts to reduce, the markets will be prepared for increases
Between gold, stocks and Bitcoin
With the momentum and demand for Bitcoin, it will be a new haven with gold
From here I built my view to complete the rise with technical analysis
There is a link to the Bitcoin analysis from June 2021, with an explanation
This level turned from resistance to support
Bitcoin is trying to hold on to this gain and stabilize above this support
We are now in April
The month is still long and the conflicts between buying and selling are long
To know whether stability above this support will continue for the long term again (again for the long term)
Because this level will have many rises and falls throughout this month
With the presence of fundamental analysis
It is that the Federal Bank in the future will begin to reduce interest rates (the time is unknown).
But if it starts to reduce, the markets will be prepared for increases
Between gold, stocks and Bitcoin
With the momentum and demand for Bitcoin, it will be a new haven with gold
From here I built my view to complete the rise with technical analysis
There is a link to the Bitcoin analysis from June 2021, with an explanation
