Post
Topic
Board Speculation
Re: Will April be a red month?
by
TheGreatPython
on 29/04/2023, 05:10:22 UTC
Anything can happen, especially since the price drops to $28k or $27k. We are at the end of the month but the price has just gone up to $29k so it's possible the price will still be at $29k or go up to $30k. It's still hard to predict because we know the price could go anywhere and we don't have any valid clues.
The market mainly depends on the buying or selling pressures, if there is more buying and less selling, we will see a hike but if it's the opposite, expect another drop. I personally don't want it to go up yet and I expect the price to drop below to maybe around $24k so that there is another opportunity for buyers to hop in.

Market experts will surely publish their reviews about what they think will happen based on technical analysis and chart readings, and it will be interesting since I'm sure there will be a lot of mixed emotions and predictions.