BitcoinUpdated Short term downside possible
Daily close below 61k and we're likely going to 57-58k short term. Hopefully Bitcoin puts in a higher low there. If not, 56k has to hold or look out below. Still long term bullish as long as this level holds. Preferably 57-58k area and 56k is never reached. Low of course could already be in here if daily closes strong above 61k.
Some good news coming up for Bitcoin.
-May 3rd: CME BTC Micro Futures Launch
-May 11th: Walmart SEC filing potentially confirming 1 bil BTC purchase (just a rumor as of now)
Good luck!
Some good news coming up for Bitcoin.
-May 3rd: CME BTC Micro Futures Launch
-May 11th: Walmart SEC filing potentially confirming 1 bil BTC purchase (just a rumor as of now)
Good luck!
Note
Looking good so far as long as 60k holds.
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