📉 Bitcoin Daily 📈

$BTC remains in a choppy sideways structure.

Today is the last day of the month, so it's best to wait for the monthly candle close.

So far, the developing monthly candle looks bullish, giving reason to expect higher prices in May.

BUT — price is still sitting in a high timeframe resistance zone, and the weekly market structure hasn't flipped bullish yet.

⚠️ That means:

Any bullish continuation in May should be approached with caution, as it may end up rejected and lead to a multi-month correction.

🔍 Lower Timeframe Observations:

BTC still can't hold above the March high at 94971.

Each pump above that level gets sold off and dips back to the bottom of a tight range around the 2024 close.

Both sides of this range have been tested multiple times, making them weaker and prone to breakout — but liquidity is stacked on both sides, so any breakout could reverse sharply in the opposite direction.

📉 Dips to 93550 may give a bounce —

But if no reaction comes, the next target is 91K–91.5K.

📈 Pumps above 95K should only be taken seriously if at least two 4H candles close above.

If it pumps straight up and you’re not in long — better wait for a short opportunity after overextension.

🎯 Key Levels to Watch:

🔼 Bullish Targets: 94971 / 95770 / 96475 / 97666

🔽 Bearish Targets: 93550 / 91130 / 88900 / 86444

🔥 #Bitcoin Liquidation Heatmap:

Above: 95538 / 95940 / 96220 / 97040

Below: 94240 / 93525 / 92640 / 91645