Bitcoin’s Strong Position and BNB Coin Price Expectations

Bitcoin continues to close above $70,700; with the positive outlook in the ETF channel due to the awakening of Asian investors, strengthening expectations of movement in the buying direction. Meanwhile, in April, a new rally can begin in altcoins supported by Binance. The Impact of Bitcoin in the Market The significant amount of money inflow in the ETF channel in recent days is a sign that buyers are strong in the market. This was also positively received by BlackRock CEO Larry Fink, one of the world’s largest asset managers. Fink noted that the Bitcoin ETF had a successful start and expressed satisfaction with the volumes generated. The increase in Bitcoin demand, from 40,000 Bitcoins to 213,000 according to CryptoQuant’s report, is drawing attention. The continuation of this demand could lead to a liquidity crisis on the selling side and an increase in prices due to supply shortages in the market. […]

Bitcoin’s Strong Position and BNB Coin Price Expectations

Bitcoin continues to close above $70,700; with the positive outlook in the ETF channel due to the awakening of Asian investors, strengthening expectations of movement in the buying direction. Meanwhile, in April, a new rally can begin in altcoins supported by Binance.

The Impact of Bitcoin in the Market

The significant amount of money inflow in the ETF channel in recent days is a sign that buyers are strong in the market. This was also positively received by BlackRock CEO Larry Fink, one of the world’s largest asset managers. Fink noted that the Bitcoin ETF had a successful start and expressed satisfaction with the volumes generated.

The increase in Bitcoin demand, from 40,000 Bitcoins to 213,000 according to CryptoQuant’s report, is drawing attention. The continuation of this demand could lead to a liquidity crisis on the selling side and an increase in prices due to supply shortages in the market.

The Future of BNB Coin

BNB Coin aims to reach a value above $650 despite the price fluctuations of Bitcoin. If it cannot exceed resistance levels, BNB Coin, which currently has a price of around $584, may fall to $546. However, if it breaks the resistance, it could surpass the $600 limit in April and reach the $700 level, setting a new all-time high.

While positive scenarios for Bitcoin and BNB Coin take precedence, the possibility that the crypto market could create unexpected situations should not be forgotten.

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how to buy crypto?
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