I had thought the BTC price action was breaking out but my theory now is it needs a working week, full open markets and a competitive bid for price to break this range. Seems to be confined, to linger near 70k and we end the month around the end of the week also with holidays in play so I see no hope of resolution especially in this time period. That was foreseeable, all these are calendar events I guess its worth planning and looking ahead end of April also etc.
Yes, I hope there won't be an April Fool's Day tomorrow for the price of Bitcoin, it's approaching April where Bitcoin will be halving and the price of Bitcoin will increase and there hasn't been a price correction. I'm also worried that there will be a big price drop approaching the halving. I'm sure many are worried about that, where all the big investors and big traders are still confident to buy it because they are sure it will touch $100k, but this is not the end, I think it is too soon to see full bullishness this year, if you look at history it should be a year after the bitcoin halving that all markets are bullish, but we are playing full bullish in This year.
It seems that every four year cycle is always changing and everyone may be wary of that where just one piece of bad news FUD will make bitcoin fall in a short time like in mid-2021, so it remains to be seen whether they will continue to stay in the $70k price area or move forward and be completely bullish this year and not next year, I think we will see the price determination tomorrow hopefully there will be price movement.