๐Ÿ”” Brace for Impact: Bitcoin's Seven-Month Streak at Risk! ๐Ÿ””

Hold onto your hats, crypto enthusiasts! The crypto world is buzzing as Bitcoin ($BTC ) teeters on the edge of breaking its remarkable seven-month streak of positive monthly closes. ๐Ÿ“‰ If BTC fails to hold above $71,280 by the month's end, this streak will come crashing down like a house of cards.

๐Ÿ’ฅ April has been a whirlwind of turmoil for the crypto market, with BTC feeling the heat from negative news and data triggers. Spot Bitcoin ETFs have taken center stage, sending shockwaves through the market and causing blood to spill in the BTC charts. ๐Ÿ˜ฑ

As we approach the monthly close, tensions between Israel and Iran, coupled with net outflows in spot Bitcoin ETFs, have painted a bearish picture for Bitcoin's April performance. The once unstoppable force in the crypto world now faces the prospect of ending April at $63,000, a significant drop from its starting point.

๐Ÿ“ˆ Flashback to September 2023: the dawn of Bitcoin's epic ascent. With the promise of spot Bitcoin ETF listings in the USA, BTC soared from $25,940 to $27,483, igniting a parabolic rise fueled by bullish sentiment. Since then, BTC has enjoyed seven consecutive months of positive closes, riding high on a wave of optimism.

But as April draws to a close, selling pressure mounts, threatening to bring an end to BTC's winning streak. If Bitcoin fails to muster a 16% rise by tonight, the monthly close will be painted in red, marking a stark departure from its recent bullish trend.

๐Ÿ”ฎ Rumors swirl as experts speculate on Bitcoin's next move. Could May spell the beginning of a downward trend for BTC? With the possibility of back-to-back red months, June may usher in a period of correction and recalibration for the pioneer of cryptocurrencies.

Stay tuned, fellow traders, as we witness history in the making. Follow us for the latest updates and analysis on Bitcoin's rollercoaster ride through the ever-changing landscape of the crypto market! ๐Ÿš€๐Ÿ’ฐ #HKETF #BitcoinETFs #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving