Cryptocurrency

Bitcoin

Resistance

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<ul> 
 <li>According to YouHodler risk manager Sergei Gorev, technical and fundamental analysis indicators are pointing towards a bullish trend in the cryptocurrency market for May.</li> 
 <li>In a recent interview with The Block, Gorev evaluated the current state of the cryptocurrency market, noting an increase in short positions and a significant drop in funding rates.</li> 
 <li>Gorev predicts a mid-term level of $80,000 for Bitcoin, but also warns investors to be cautious of a potential drop, as the 61.8% Fibonacci golden ratio level still points to $52,000 and the liquidity there has not yet been taken.</li> 
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<p><strong>Technical and fundamental analysis indicators suggest a bullish trend in the cryptocurrency market for May, says YouHodler risk manager Sergei Gorev. However, investors are warned to stay cautious.</strong></p>
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<h2 id="strong-indicators-point-to-bullish-trend-in-cryptocurrency-market-strong"><strong>Indicators Point to Bullish Trend in Cryptocurrency Market</strong></h2> 
<p>Sergei Gorev, YouHod... <a href="https://en.coinotag.com/bitcoin-btc-analyst-predicts-80k-mid-term-target-key-support-and-resistance-levels-revealed/">Read the full article for FREE at COINOTAG!</a></p>

Bitcoin (BTC) Analyst Predicts $80K Mid-Term Target: Key Support and Resistance Levels Revealed

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