) sits at a historically important price point for hodlers, but where could it be headed in the coming days?
As the monthly close looms and various countries prepare for the May holidays, traders are mapping out the options — with some surprises.While Bitcoin market commentators rarely agree on much, one thing is more or less accepted this week — that April's monthly closeDue over the weekend, that volatility has the potential to be exacerbated by a lack of trading volume thanks to markets being off either for the weekend or long weekend.
Even with macro participation, however, the situation would seem not to favor Bitcoin bulls.
Jordan Lindsey, founder of trading firm JCL Capital, flagged $35,000 as one of what he sees as just two important"big technical levels." "The only two levels that matter now in Bitcoin. $35k is channel support and below is major technical breakdown. Price is technically bullish since $38k on Feb 4th posted on this account and neutral since $53k breakdown.
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April has only added to my usdt bags, but it happened only with the help of DeFi
What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 39 - FEAR, with price of 38332.564101595122 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also.
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Nice
Bitcoin 30k soon 3k next year
It's not the worst month, it's just a sale before a bull run. I'm trying to buy as much as I can on Bitfinex to be prepared.
This all (the last 5 red weeks) are looking the same as in 2018. We hit the bottom and bounced after this. But this is in no way a prediction lol
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BTC is on fire 💎💎💎💕💕💕 buy more and HODL hard 💎💎💎💕💕💕