š® **BTC Price Prediction for April 2024** š®
Will BTC hit $80k next month, or is further decline on the horizon? Stay tuned for the latest BTC market update.
Today, BTC experienced a significant dip, dropping from $73k to $68k. A $5k decrease, but remember, downward movement can be beneficial for the market. This dip removed liquidity, setting the stage for potential upward movement.
Chart analysis indicates that BTC touched a crucial yellow box, triggering a pump. This box represents a confluence of 1-hour OB and 4-hour candle wick, with BTC likely to reclaim 50% of the wick. If BTC holds above the yellow box, expect a strong pump. However, a break below could signal further decline.
š· **Prediction**: BTC is poised to reach $80k in April, contingent on a bullish monthly close above $74k. A successful close would propel BTC to new heights.
In every market update, I emphasize the opportunity to buy quality alts during BTC's minor corrections. Now is the time to invest in and hold layer 2 alts. Stay calm, don't panic, and remember, BTC hasn't experienced significant drops before halving.
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