Bitcoin Market Outlook – April Update
$BTC has shown strong momentum recently, reclaiming the $60,000+ zone with over 19% gain in the past few days. This bullish move suggests renewed investor confidence, possibly driven by institutional buying and growing ETF flows.
Technical Highlights:
RSI remains strong, indicating healthy buying pressure.
Price is trading above the 50-day EMA – a key bullish sign.
Volume surge confirms breakout strength.
My View:
If BTC holds above $61,000, we could see a push towards $65,000 in the short term. However, always manage your risk as volatility can spike quickly.
Add your thoughts below — where do you see BTC heading next?