Market overview
Bitcoin (BTC): $66,151.03 (+1,64%)
Bitcoin Dominance: 55.08%
Fear and greed Index: 73 (greed)
📈WHAT HAPPENED?
Last week, bitcoin fixed lower limit of the $60,700 flat, and a full-fledged rebound is already being observed.
As expected, the panic due to macroeconomic events was temporary.
Bitcoin halving also occurred yesterday, but there was no reaction from the market in the form of increased volatility.
💼 WHAT WILL HAPPEN: OR NOT?
This week, we can expect the continuation of the upward movement.
Sell zones and possible targets for the current movement: $69,400-$71,000 (seller's market aggression and absorption of buys), $71,800-$72,500 (volume zone).
Local buy zones have been updated: $65,000-$64,000 (accumulated volume zone),
$62,500-$60,900 (aggression from the buyer).
If the buyers' zones do not justify themselves, look at longs through the fix of the $59,000 level.
📰 IMPORTANT DATES
Macroeconomic events worth paying attention to:
• Tuesday, April 23 — reports on business activity indices at the opening of the American trading session;
• Thursday, April 25, 15:30 (GMT+3) — US GDP for the first quarter of 2024 and the number of initial applications for unemployment benefits;
• Friday, April 26, 15:30 (GMT+3) — the basic price index of personal consumption expenditures in the United States for last year and separately for March this year.
*This post is not financial recommendation. Make decisions based on your own experience.
Bitcoin Dominance: 55.08%
Fear and greed Index: 73 (greed)
📈WHAT HAPPENED?
Last week, bitcoin fixed lower limit of the $60,700 flat, and a full-fledged rebound is already being observed.
As expected, the panic due to macroeconomic events was temporary.
Bitcoin halving also occurred yesterday, but there was no reaction from the market in the form of increased volatility.
💼 WHAT WILL HAPPEN: OR NOT?
This week, we can expect the continuation of the upward movement.
Sell zones and possible targets for the current movement: $69,400-$71,000 (seller's market aggression and absorption of buys), $71,800-$72,500 (volume zone).
Local buy zones have been updated: $65,000-$64,000 (accumulated volume zone),
$62,500-$60,900 (aggression from the buyer).
If the buyers' zones do not justify themselves, look at longs through the fix of the $59,000 level.
📰 IMPORTANT DATES
Macroeconomic events worth paying attention to:
• Tuesday, April 23 — reports on business activity indices at the opening of the American trading session;
• Thursday, April 25, 15:30 (GMT+3) — US GDP for the first quarter of 2024 and the number of initial applications for unemployment benefits;
• Friday, April 26, 15:30 (GMT+3) — the basic price index of personal consumption expenditures in the United States for last year and separately for March this year.
*This post is not financial recommendation. Make decisions based on your own experience.
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