On April 1, the BTCUSDT price started with a "humorous" correction.
In general, April promises to be quite interesting and provide "many answers."
During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D:
- It will be possible to trace where the capital that previously entered the cryptocurrency market through the purchase of BTC by large players is flowing.
- It will be possible to track which "industry's" altcoins are best held and bribed.
Do you think there is something more interesting to invest in the cryptocurrency market than various memecoins?)
And on April 19, 2024, the long-awaited "BTC halving" is to take place.
The halving of the reward for a mined block from 6.25BTC to 3.25BTC will reduce the supply on the market in the medium and long term.
If we compare the growth dynamics of the BTCUSD price in 2024, we will see that it is more similar to 2021 than to the previous years when halving took place - 2020 and 2016.
What are your goals for the Bitcoin price movement in April 2024?
We would like to see a correction at least to $65 thousand, or even better, a drop in the BTCUSDT price $58400-59100
But there is also the $78000 mark, which would also be good to test for strength, the only question is when)
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