Let's take a look at what happened yesterday on the $BTC side.

Yesterday, there was a steady stream of bad news from $ETH and $BTC.

First of all, the US GDP data came in well below expectations, while the expectation was 2.5%, the announced value was 1.6%.

This devastated all markets and the Bitcoin price fell sharply to around $63,000.

Since the $63,000 levels are quite cheap in the current sideways market, Bitcoin, which found support there, quickly managed to throw itself back to the $64,000 levels and is currently hovering around the $64,300 level.

As I wrote in the previous days, the $64,000 level plays a very critical role, and if a journey to the $67,000 level is needed again, the first helper is definitely the $64,000 level.

A permanent close above the $64,000 level could take us back to the $67,000 level.

However, we have 4 days left due to the "Sell in May" effect.

I expect a sharp "Volume" decline in May.

If there is a sharp volume decline in this way, we may see the price move sharply up or down and get rid of this horizontal movement.

I will be sharing my expectations for the future again today in the evening.

As I said, the $64,000 level is EXTREMELY critical.