🚀 Bitcoin Price Analysis: Sucker’s Rally or Major Boom Ahead?

📈 Bitcoin ( $BTC ) has broken out of a falling wedge and closed two bullish weeks, now eyeing its first green month since Trump’s second inauguration. However, it’s been consolidating between $93K and $95.5K, with strong resistance up top.

😎 Fear is fading fast — the BTC Fear & Greed Index hit 56 (Greed) on April 30, signaling renewed investor confidence. The mood has clearly shifted from caution to accumulation.

🐋 Glassnode data shows capital inflows jumping from $1.5B to $15B in just 10 days. U.S. spot BTC ETFs added 6,900 BTC this week, with whales stacking in anticipation of a major breakout.

📊 According to analyst Ali Martinez, BTC must close above $95,870 to trigger a move toward $114,230. A drop below $93K, however, could lead to a correction toward $88K before the next leg up.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.