Just a few percent below the current price is the 200 weekly average (green). The 111 MA also rises steeply and will provide additional support.
Possibly, the end of April and May will still be quite quiet with slightly falling or sideways running prices.
This calms the emotions in the market and provides fuel for further rising prices.
The Bitcoin SOPR continues to hover above 1. The value of 1 serves as support, which suggests a continued uptrend.
Possibly, the end of April and May will still be quite quiet with slightly falling or sideways running prices.
This calms the emotions in the market and provides fuel for further rising prices.
The Bitcoin SOPR continues to hover above 1. The value of 1 serves as support, which suggests a continued uptrend.
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Check out our website to see more of our work.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We build Bitcoin and crypto algorithms with the intention to outperform.
Check out our website to see more of our work.
Check out our website to see more of our work.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.