#BTCUSDT #overview
The price today updated the minimum at the level of 92806, removing local liquidity, and is already trading above 95000.
Market capitalization 2.99 trillion, dominance index 64.31%.
Fear and greed index - 54 (Neutral sentiment).
Monthly TF:
The price removed the previous minimum/maximum of the month and is absorbing the correction of the last two months. With such a closure, the picture looks very positive.
Weekly TF:
We are fixing the structure break on the weekly chart — this is also a clear positive for the market.
Lower TF:
The key liquidity shelf was removed at the mark of 92,806. Now it is important to close the day above 95772 — in this case, an area of interest will be formed on the daily chart, and on the lower TF, the manipulation will be confirmed, from which long positions can be considered with targets up to the psychological mark of 100,000 for BTC.
Key events of the week:
- April 30: US GDP data for Q1 — an important indicator amid discussions of recession.
- May 1: Initial claims for unemployment benefits and business activity indexes.
- May 2: Employment data in the non-farm sector and unemployment rate.