LIVEBTC is currently seeing a recovery after dropping post the approval of the Hong Kong ETF. It hit a low of 56500 but is slowly climbing back towards the 60K mark. However, I believe there is still strong bearish momentum based on the 12H and daily charts. Until BTC can close a 12H candle above 61K, I remain cautious. Many predict a pump in May, but I'm skeptical. If everyone expects a pump, will it actually happen, or will whales manipulate the market for a big drop? I think the market might see a temporary rise to 62K or even 64.5K, making people think it's a bull run before a potential crash. While this is just my opinion, if you agree, follow me for updates. Thanks for your support and good luck in 2024. I will lead you with my spot copy trading, so be ready for this.
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