I think that Btc/Usd will be in a sideways range in the month of May, in between 55000.0 to 60000.0 ($5000.0) unless some world CraCra event happens.
On weekly and monthly Btc/Usd charts- most of the price action has been in between this range, with one spike to $65000.0 last month.
Btc/Usd sellers won last month with price action making a long legged red doji candle (undecided) on April chart and most of the strength, I believe still in sell side. Last couple of years price action has been going almost straight up or 90 degrees, this year (2021) will mostly be a consolation one or sideways so their is some kind of balance placed in Btc/Usd market.
Note: I do not trade Btc/Usd, but if you do---- good luck!!!
On weekly and monthly Btc/Usd charts- most of the price action has been in between this range, with one spike to $65000.0 last month.
Btc/Usd sellers won last month with price action making a long legged red doji candle (undecided) on April chart and most of the strength, I believe still in sell side. Last couple of years price action has been going almost straight up or 90 degrees, this year (2021) will mostly be a consolation one or sideways so their is some kind of balance placed in Btc/Usd market.
Note: I do not trade Btc/Usd, but if you do---- good luck!!!