💵BTCUSDt

Market Thoughts 📊

BTC ends April with growth above 13%. This is almost the historical average price value for BTC in April.

Whales continue to actively buy $BTC

— CryptoQuant

Does this mean BTC will continue to grow? Let's take a look at the chart!

The last review worked well 💪

At the beginning of last week, the main impulse of the weekly growth formed, then a sluggish sideways trend in the area of 93.5k. Probably, the current week will close with a small rollback after Token2049, while a good area (90-88k) will form, a successful test of which will open the way to the psychological level of 100k.

I will set safer limits for selection at points: 90-88-86k with a rally target of 100k.

According to some metrics, if BTC makes an adequate consolidation above 95,5к, the next target is 113,5к.

This week is very volatile in events and economic data - be careful with high leverage! 🧠