A break higher out of this sideways price action could occur very soon. This is still a Bitcoin bull market. Average rallies following a pullback like the one in April have historically been followed by a median rally percentage of 75% (average is 91%). If Bitcoin has a historically typical rally off of the May 1 swing low, the target is $100,000 to $110,000.
These are typical moves higher, following a pullback, that have occurred in prior Bitcoin bull markets before another 20% or greater decline occurs. Bitcoin could reach $100,000 or above before having another 20% decline.
[
add
]
[
|
|
...
]