Market Update

Standardizing the expected bitcoin prices with low sale pressure

The pressure pressure in Bitcoin decreased sharply, indicating a period of unification during the month of April and May.

In a post on April 1 on X, a Cryptoquant Axel Adler JR. The daily sale volume in the main stock exchanges has decreased from 81000 bitcoin (BTC) To 29000 BTC. After this decline, the original may enter the phase of the lack of supply with a lower seller and a fixed demand, which puts the stage for the next bitcoin price.

A transformation in the futures trading market reflects this trend. In separate mailAdler noted that short positions rose when the landmarks tried to benefit after the highest level in February of Bitcoin. However, this pressure weakens now, and trading behavior changes.

Through the boxes circulating in Exchange, the founding investors now play a greater role in the Bitcoin price track than the retail market. As a result, the original is more sensitive to macroeconomic events such as the Federal Reserve policy Transformations and inflation reports.

Meanwhile, the dominance of Binance in immediate trading can also indicate a bullish direction. Joao Wedson, another encrypted analyst, noted that the Binance trading volume is now eight times the size of Coinbase, and that previous patterns showed that Bitcoin often suffers from a price increased when Binance leads to size.

Not all indications, though, indicate immediate gains. to rise Economic inflation The newly imposed definitions can affect risk assets such as Bitcoin, according to March 31, March 31 analysis. Now 5 %, 10x research analysts believe that inflation forecast may slow down institutional flow.

They expect bitcoin currency He falls Less than 80,000 dollars this week, especially with multiple risk stimulants that are likely to pressure stocks and spills to the cryptocurrency market.

As of the time of the press, Bitcoin is trading at $ 83,530, ranging between $ 81,488 and 88,240 dollars. Although the short -term risks are escalating, the decrease in the pressure and the indication of the stability market, which is likely to put the way in the next step.



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