MATRIX (ma3x)

Bitcoin price surges above $72,000 ahead of halving event expected on April 19-20, with volatility set to spike in the next two weeks. Previous halvings have historically boosted prices, but uncertainty remains as Bitcoin sits at an all-time high this time around.

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Looking at the chart it seems that BTC may bounce to $63000 from here. BTC had broken the old support a few hours ago and has come back above it and closed but we cannot understand this strength. The strong support for BTC is only $52000 and there is also BTC halving in the coming few hours.

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