#BTC Analysis
When we consider it with the Order Block, BTC is actually in an order block (59900 62300) and this acts as support. If we close the order block monthly at least half the price of the support (61330), there is a sign of a return to the rising trend-lower 66600 USD. It is possible
As I mentioned in the chart, if there is a close below 60k, we will see that BTC dominance decreases over time with the nearest return Fibo support price analysis of 58K.
Also, This Week's Important Events (we can call it Fed Week will have a significant impact on the BTC price
1. CB Consumer Confidence data â Tuesday
2. JOLT Jobs data â Wednesday
3rd Fed Interest Rate Decision - Wednesday
4. ISM Non-Manufacturing PMI data - Friday
5th April Jobs Report data - Friday
6. ~20% of S&P 500 companies earn
reports
There were also declines in other commodity exchanges after the Fed changed its strategy
Also, Honkong Etf launched, but it was a very low launch, around 6Mil USD, and did not affect the price at all.
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