📉 Blockchain to the house.
Miners began to actively transfer BTC to exchanges and sell
They need to pay for the big expenses, and the accumulated reserves should compensate for the difficulty of mining after the halving.
🕯 It’s important here whether buyers with the arrival of ETFs in Hong Kong have enough strength to buy out all sales, otherwise we can go into the $59,000 zone, and this will be dangerous and we can go into a downward correction.
Ahead is the bearish month of May, which historically has always been red, but April in previous periods was also growing, and this year April is just as bearish as possible and I fully admit that May may grow back 📈
💰 The market always goes against the crowd and expectations.
In general, tomorrow is also the Fed rate, and Powell’s rhetoric and his reaction to the weak US GDP are important 🇺🇸, if he says that this is important data for the Fed, then we can see local positivity.
📊 In the meantime, rotten meat and sideways, not the market 😎