Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

April 1 Bitcoin Update – Bullish Q1 and March Monthly Candle Close

$BTC had a bullish close Q1 and March monthly candle close that was above the previous all time high at $69k. April should be a tricky month, I think Bitcoin has been overbought for quite some time now. There have been 7 consecutive green monthly candles, and in Bitcoin’s history there has never been 8 green monthly candles in a row. At the same time April is one of the best performing months for Bitcoin so we’ll see if BTC can form a new historic record here. For now the price is holding above the yellow trendline on the macro perspective, and BTC continues to trade above the red support zone in the short-term perspective.

ChartChamp socials: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

BTC Bull Pennant Support Held Despite Israel-Iran FUD

Yesterday evening tensions between Israel and Iran began to rise again with conflicting news reports about Israel’s attack on Iran. BTC and stock market futures turned red from panic selling, but the conflict calmed down relatively quickly for the second time in a week. BTC successfully held above the bull pennant support line, and there […]

Read More
Default Thumbnail

ETH Reclaims Support at the Green Zone

$ETH dipped below the green support zone on April 13, and has been struggling to reclaim support. ETH and ALTS were bought up during yesterday’s panic selling, and now ETH has successfully reclaimed support at the green support zone again. I would monitor the price to make sure ETH remains above $3,050 so that ETH […]

Read More
Default Thumbnail

BTC Held Support at the Bull Pennant Lows

$BTC tested the lows of the bull pennant yesterday, and the price has successfully held above the lows of this pennant. I think BTC continues to trade within the pennant for now, and I would monitor the price action to make sure BTC doesn’t break down here. The Bitcoin halving is less than 48 hours […]

Read More