What is next for $BTC and $ETH ? Many traders I know have their eyes on May 15th. 4 days later, they believe that if the CPI data is lower than expected, the market will react very well. Therefore, I will base my expectations on the CPI data in 4 days. Bitcoin currently has to maintain the $60,600 level on a daily basis, otherwise we may see itself around $59,000 again. A similar situation exists for Ethereum, if it cannot maintain the $2,900 level, it would not be a dream for Ethereum to see $2,750 levels. The CPI release in 4 days is quite critical, make sure you have your screens on. $SOL is stuck between $160 and $140. The $140 level looks like a very good entry point, it can be evaluated. My forecast is that we may see some more decline in the next 4 days, but I think CPI data will be positive and after the 15th I think the direction is up. #ETFvsBTC #bitcoinhalving #bitcoinhalving #MicroStrategy #buythedip
#MarketSentimentToday #altcoins #BTC #Bitcoin $BTC is currently at double resistance - the RSI (level 50) and the 20-day moving average (inside Bollinger Bands). Breaking these could result in further increases to the area around $67.500. On the other hand, possible declines, could result in a retest of the area around USD 56.500. It is worth to note that a week ago Bitcoin experienced a false downward breakout from the descending channel. In the longer term, however, I expect a sideways movement in a broad band of consolidation. so keep eye on btc