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BTC Roars Back Above $61K

All week I have talked about buying the dip while others are fearful and panic selling. BTC has quickly roared back and is now above the bull pennant support level again. The dip below the bull pennant was concerning, but this drop ended up being a discounted buy opportunity for those willing to take the risk. BTC had a strong bullish rally since Sept 2023, and April was a healthy market correction instead of a market crash. We are just a few days into May, and we have already seen a lot of bullish strength across the markets so far. I remain bullish on May, and we’ll see how the markets are looking headed into summer.

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