Market Update -

The update highlights #Bitcoin's remarkable performance, with a 48% increase in the month. It suggests that Bitcoin's upward movement may not be over yet.

The analysis shares an exclusive chart indicating that when Bitcoin breaks the #Fibonacci Golden Ratio of 0.618, it tends to enter a parabolic structure. Similar to previous instances, when Bitcoin jumped from $47k to $64k in a short period, the expectation is for back-to-back significant candles on the $BTC chart.

Key resistance levels are identified at $64k to $69k, while support levels are noted between $48k and $52k. The update reminds traders that any 25%-30% correction in Bitcoin could present a buying opportunity.

Additionally, it mentions the upcoming #halvingbitcoin event on April 20, which could influence #MarketSentiments and price action. Overall, the analysis suggests continued #BullishMomentum. for Bitcoin, with potential opportunities for traders to capitalize on price movements.

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