GateUser-7a5af2aa

Where is $BTC heading?
According to the LTF, it's still in a downtrend; weekly shows potential bottoming, but the monthly hasn't indicated anything yet.
The conclusion is that at the $60K range, Bitcoin is in a sideways/ranging phase, but top altcoins are being accumulated by SM. I think altcoins have the potential to rally first compared to BTC, so every correction in BTC within this range should be used as best as possible for accumulating top altcoins.
The current Bitcoin bottom is still around $60k -$62k . Can $50k ? It’s possible if $60k is broken, but for now, it hasn't been.
Top Crypt

Where is $BTC heading?
According to the LTF, it's still in a downtrend; weekly shows potential bottoming, but the monthly hasn't indicated anything yet.
The conclusion is that at the $60K range, Bitcoin is in a sideways/ranging phase, but top altcoins are being accumulated by SM. I think altcoins have the potential to rally first compared to BTC, so every correction in BTC within this range should be used as best as possible for accumulating top altcoins.
The current Bitcoin bottom is still around $60k -$62k . Can $50k ? It’s possible if $60k is broken, but for now, it hasn't been.
Top Crypt

$BTC It still seems to be in a bearish trend on the 4H TF. If the body is broken through in the yellow box, it is most likely to continue downward, especially given the Iran vs. America war situation, with Iran threatening to damage American company facilities, which could also disrupt servers on exchanges.
#CryptoMarketSeesVolatility
#GateSquareAprilPostingChallenge

What are your thoughts on the Bitcoin market moving forward? Based on the pattern I outlined, Bitcoin might stay sideways for the next 5 months, and it still appears to be continuing its decline. Let's exchange ideas #AprilMarketOutlook #CryptoMarketsRiseBroadly #IsraelStrikesIranBTCPlunges