BTC options expiry to have this effect on the price with $48k resistance
“Wen 50k?”
This is undoubtedly the question of the day. Both fearful and greedy whispers rise around you as the metrics and indicators flash. Meanwhile, Bitcoin [BTC] struggles to keep its head up. 1 April might be April Fool’s Day but crypto investors don’t have time to play and here’s what you need to know at this crucial stage.
At press time, Bitcoin had plummeted by a dramatic 4.99% in the past 24 hours to revisit a price of $44,729.40. In the past week, however, the king coin increased by 1.49%.
This fall comes just hours after Glassnode’s co-founders posted that Bitcoin was “looking strong” as BTC crossed the $46k mark. Bitcoin’s latest U-turn reminds us exactly what volatility means in the crypto industry.
<p lang=«en» dir=«ltr» xml:lang=«en»>#Bitcoin is looking strong above $46k and making way towards the next resistance level at $48k.Our signals turned bullish as $193mn flowed into #BTC, #ETH, and alts last week. Deep dive into crypto's comeback here
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