ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π Yes, April is historically bullish and has an average of 20% BTC growth and last year we lost in April which makes the chance that we will see a big jump this year over 80%..... but that is all just statistics. Looking at the chart since the start of April we have been chopping around above that 44.2K support level but during this first week, I have seen a series of higher lows...which worries me a bit. They are still within that 47-44K range, a range we are not seeming to break out of for almost a week. Now I expect this range to be broken before the weekend and I still expect it to break to the upside. If we break to the downside I expect support at 42K and another week of bouncing around, but for now, letΒ΄s look at it from the positive side. Which would be breaking 48K resistance over the coming weekend at the latest. #crypto
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If I were a gambling man, (which I'm not), a few days ago I would have bet you that BTC would be over 50K by now, and well on its way to breaking past its ATH. Good thing I am not a trader, huh?
Well most people were betting on that, so it makes sense that it didnΒ΄t as the market does the opposite from what the majority thinks. Right now people turn a little bearish, hence I expect to break that 48K in the next 4-5 days