$BTC After showing a continuous bull run for six months, the bears finally pushed the bull back in April. There was a general impression that BTC would speed towards 100,000 immediately after the haloing, but nothing has been seen yet. Is .
One opinion is that people, especially spot holders, are panicking to sell here and wait for BTC to go to the 52000 level. More panic may be created in the first week of May and eg. Spot holders will take a chance of deep pullback by selling and from there the market will slowly move towards its new all-time high.
Another opinion is that BTC needs to trade in the same range for another week or two here before it can go higher.
On the other hand, a very good trap has been laid for the future traders because the consolidating market will be seen forming a long vixen in a day or a few hours. The most important levels are 58000 below and 69500 above.
