Bitcoin

April

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-bitcoins-price-trends-and-predictions-2/" data-wpel-link="internal">Exploring Bitcoin’s Price Trends and Predictions</a><br></p>
<p style="text-align: justify">April is nearly over and <a href="https://coin-turk.com/bitcoin-btc-fiyati-kritik-seviyeyi-test-ettikten-sonra-dususe-gecti-btc-icin-son-durum-ne" data-wpel-link="internal">BTC</a> has failed to exceed its March peak. Recent negative developments have exerted strong pressure on risk markets. Now, the price is recovering and stands at $66,300, with a daily peak reaching $66,479. What are the current price predictions for <a href="https://coin-turk.com/blackrock-bitcoinin-sonu-mu-kripto-paralar-tarih-mi-olacak" data-wpel-link="internal">Bitcoin</a> and cryptocurrencies? What should investors expect in the coming period?</p> 
<h2 style="text-align: justify" id="bitcoin-btc-forecast">Bitcoin (BTC) Forecast</h2> 
<p style="text-align: justify">Investors continue to accumulate <strong><a href="https://en.coin-turk.com/bitcoin-price-hits-new-high-as-etf-activity-intensifies/" data-wpel-link="internal">Bitcoin</a></strong>. Last month, exchange outflows were dominant, and the readily available supply is continuously decreasing. Over the weekend, investors accumulated 9,000 <a href="https://en.coin-turk.com/bitcoin-options-market-surge-signals-investor-optimism/" data-wpel-link="internal">BTC</a> worth $600 million, showing strong appetite. Investors expecting a rise with the halving believe what they saw during the previous three block reward halvings will happen again.</p> 
<p style="text-align: justify"><strong>Bitcoin’s price</strong> historically reaches new all-time highs within 12 to 18 months after a halving. The current outlook indicating a potential rally is also visible in the Exponential Moving Averages (EMA). The formation of a golden cross on the chart is generally a precursor to major bullish periods, and recent news flow is conducive to this.</p> 
<p style="text-align: justify">In the four-hour chart, if the 50-day and 200-day EMAs converge and confirm the golden cross, investors will find another reason to support their sentiment for further increases.</p> 
<h2 style="text-align: justify" id="bitcoin-and-crypto-price-forecast">Bitcoin and Crypto Price Forecast</h2> 
<p style="text-align: justify"><a href="https://coin-turk.com/eylul-ayi-tahminleri-ve-dogecoin-doge-yorum-doge-kac-tl-dolar" data-wpel-link="internal">Altcoin</a> pricing is linked to BTC fluctuations. In recent days, as <strong>BTC</strong> lost value, altcoins experienced much larger declines. Now that BTC has reclaimed $66,000, altcoins are also seeing double-digit gains. In a likely scenario, BTC’s price returning to $70,000 and further gains in altcoins are expected.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-343193 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/bitcoin-yukselecek-mi-.png" alt="" width="1238" height="524"></p> 
<p style="text-align: justify">For BTC, the first stop is $66,900, and if this turns into support, the $68,500 resistance could be targeted next. Afterwards, the goals of $70,000 and $71,300 will come into play. The next target after this phase would be surpassing the $73,777 peak to reach a new ATH.</p> 
<p style="text-align: justify">DAA divergence is signaling a downturn for BTC, and participation slows as the price increases. If geopolitical tensions are reignited and Friday’s <strong>PCE data</strong> is poor, we might see Bitcoin moving in the opposite direction. This could lead to tests of $63,724 and $61,000.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/exploring-bitcoins-price-trends-and-predictions-2/" data-wpel-link="internal">Exploring Bitcoin’s Price Trends and Predictions</a></h5>

Exploring Bitcoin’s Price Trends and Predictions

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