📉 March’s story has been removed.#toptraders#btc

https://www.tradingview.com/x/1B83YxLI/

✔️ Scenarios for the development of the correction from the post where we considered the likelihood of the March withdrawal being lifted are relevant. And we don’t see anything critical in the team. Although the monthly chart looks unpleasant.

😐 The nature of the recent movement indicates that a quick return is unlikely and a local range may form before a potential exit above the March low.

On the weekly timeframe, the price is in the zone of buyers’ interest and here we expect the formation of a reversal setup on the daily timeframe. May take a long time.

💸So far the cue ball cannot find sufficient demand at least for a rebound. We are monitoring pricing.

🇺🇸 Today there will be a decision on the US rate. We don't expect any surprises, but we'll keep an eye on Powell's speech. Macroeconomic factors influence market sentiment. The American market is also showing weakness.

The general mood is short.

➡️ By the way, the guys from Santiment conducted their analysis of Bitcoin’s behavior after halving from the point of view of on-chain data. Read it. Not everything is as obvious as it might seem at first glance.