Bitcоin

Bitcoin Price Analysis: End-of-Correction Pattern Hints $BTC Rally to $73k in May 

06.05.2024

This week was highly volatile for Bitcoin attributing to factors like the dovish Fed meeting result, BTC and ETH ETFs launched in Hong Kong, and post-having correction. A long price spread from $64700 to $56500 in BTC price triggered uncertainty in the altcoin market as well, projecting a lack of dominance of bull or bears. However, the last four-day rally in Bitcoin has titled the trader’s sentiment in buyers’ favor projecting a potential for higher rally.

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06.05.2024
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  • bitcoinBitcoin (BTC) $ 94,463.00
  • ethereumEthereum (ETH) $ 3,410.26
  • tetherTether (USDT) $ 0.999113
  • dogecoinDogecoin (DOGE) $ 0.321882
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.901125
  • tronTRON (TRX) $ 0.252796
  • chainlinkChainlink (LINK) $ 24.07
  • hedera-hashgraphHedera (HBAR) $ 0.307058
  • stellarStellar (XLM) $ 0.373740
  • bitcoin-cashBitcoin Cash (BCH) $ 465.23
  • leo-tokenLEO Token (LEO) $ 9.43
  • litecoinLitecoin (LTC) $ 107.23
  • crypto-com-chainCronos (CRO) $ 0.161676
  • ethereum-classicEthereum Classic (ETC) $ 27.31
  • vechainVeChain (VET) $ 0.049447
  • moneroMonero (XMR) $ 188.16
  • daiDai (DAI) $ 1.00
  • algorandAlgorand (ALGO) $ 0.381154
  • okbOKB (OKB) $ 46.17
  • cosmosCosmos Hub (ATOM) $ 6.83
  • blockstackStacks (STX) $ 1.69
  • theta-tokenTheta Network (THETA) $ 2.31
  • gatechain-tokenGate (GT) $ 13.43
  • makerMaker (MKR) $ 1,621.23
  • tezosTezos (XTZ) $ 1.40
  • kucoin-sharesKuCoin (KCS) $ 11.13
  • eosEOS (EOS) $ 0.839415
  • iotaIOTA (IOTA) $ 0.321900
  • zcashZcash (ZEC) $ 69.95
  • neoNEO (NEO) $ 15.09
  • matic-networkPolygon (MATIC) $ 0.505275
  • havvenSynthetix Network (SNX) $ 2.17
  • tether-goldTether Gold (XAUT) $ 2,630.75
  • true-usdTrueUSD (TUSD) $ 1.00
  • dashDash (DASH) $ 40.81
  • holotokenHolo (HOT) $ 0.002510
  • zilliqaZilliqa (ZIL) $ 0.022682
  • basic-attention-tokenBasic Attention (BAT) $ 0.285743
  • enjincoinEnjin Coin (ENJ) $ 0.235193
  • 0x0x Protocol (ZRX) $ 0.488449
  • qtumQtum (QTUM) $ 3.29
  • siacoinSiacoin (SC) $ 0.005780
  • ravencoinRavencoin (RVN) $ 0.021880
  • decredDecred (DCR) $ 17.72
  • nemNEM (XEM) $ 0.025862
  • bitcoin-goldBitcoin Gold (BTG) $ 13.27
  • ontologyOntology (ONT) $ 0.246097
  • digibyteDigiByte (DGB) $ 0.012382
  • nanoNano (XNO) $ 1.47
  • iconICON (ICX) $ 0.186753
  • statusStatus (SNT) $ 0.044309
  • huobi-tokenHuobi (HT) $ 1.05
  • hiveHive (HIVE) $ 0.352566
  • wavesWaves (WAVES) $ 1.61
  • liskLisk (LSK) $ 0.956985
  • numeraireNumeraire (NMR) $ 16.31
  • steemSteem (STEEM) $ 0.237166
  • paxos-standardPax Dollar (USDP) $ 1.00
  • binance-usdBUSD (BUSD) $ 0.997413
  • omisegoOMG Network (OMG) $ 0.352304
  • republic-protocolRen (REN) $ 0.029647
  • bitcoin-diamondBitcoin Diamond (BCD) $ 0.058391
  • bytomBytom (BTM) $ 0.004195