📉 Is Bitcoin in free fall or a zone of opportunity?
The crypto market is going through a phase of high volatility. After reaching highs last year, Bitcoin shows a bearish structure in the short term, currently trading around $67,000.
What is happening?
Macro Factors: Geopolitical tension in the Middle East and rising oil prices are pushing investors towards less risky assets.
Selling Pressure: There is a sustained outflow of capital in Bitcoin ETFs, which eliminates the bullish momentum we saw weeks ago.
Technical Analysis: The price remains below the moving average and faces significant resistance near $71,200.
Key Fact: Historically, April tends to be a positive month, but the current structure suggests caution. Are we facing a capitulation of retail investors or is it the moment for the whales?
What is your strategy: buy the dip or wait for confirmation? 👇
#BTCETFFeeRace #Inversiones
#GoogleStudyOnCryptoSecurityChallenges #BitmineIncreasesETHStake OilRisesAbove$116$BTC
The crypto market is going through a phase of high volatility. After reaching highs last year, Bitcoin shows a bearish structure in the short term, currently trading around $67,000.
What is happening?
Macro Factors: Geopolitical tension in the Middle East and rising oil prices are pushing investors towards less risky assets.
Selling Pressure: There is a sustained outflow of capital in Bitcoin ETFs, which eliminates the bullish momentum we saw weeks ago.
Technical Analysis: The price remains below the moving average and faces significant resistance near $71,200.
Key Fact: Historically, April tends to be a positive month, but the current structure suggests caution. Are we facing a capitulation of retail investors or is it the moment for the whales?
What is your strategy: buy the dip or wait for confirmation? 👇
#BTCETFFeeRace #Inversiones
#GoogleStudyOnCryptoSecurityChallenges #BitmineIncreasesETHStake OilRisesAbove$116$BTC