Bitcoin (BTC) has shown a strong recovery this week, rising from levels of 85,400 USD to reach 93,970 USD. After a small initial pullback, the price showed continued bullish strength, surpassing 95,000 USD at its peak.
This trend reflects renewed optimism in the market, driven by institutional interest and positive expectations regarding the global macroeconomic outlook.
📈 What can we expect for the first week of May?
Overall trend:
Bitcoin remains in a moderate bullish phase.
As long as it respects the support zone around 92,500 USD, the chances of continuing upward remain high.
Possible scenarios:
Bullish Scenario: If it breaks above 95,000 USD again, it could head towards 97,500 USD.
Sideways Scenario: It could consolidate between 92,500 and 95,000 USD before a new push.
Bearish Scenario: If it loses the support of 92,500 USD, it could correct towards 90,000 USD.
Key factors to watch:
News about Bitcoin ETFs.
Analysis of movements by large investors (whales).
✅ It's time to prepare!
Don't miss out on the most important market movements.
👉 Open your account on Binance today and start investing in Bitcoin securely:
Open your account on Binance here
⚠️ Legal notice
The information presented is for informational purposes only and does not constitute financial advice. All investments in cryptocurrencies carry risks.
