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) $ 76,952.00
  • ethereumEthereum (ETH) $ 2,965.10
  • tetherTether (USDT) $ 1.00
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.196382
  • cardanoCardano (ADA) $ 0.446776
  • tronTRON (TRX) $ 0.161242
  • chainlinkChainlink (LINK) $ 13.49
  • bitcoin-cashBitcoin Cash (BCH) $ 373.75
  • leo-tokenLEO Token (LEO) $ 6.36
  • litecoinLitecoin (LTC) $ 72.85
  • daiDai (DAI) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.111641
  • moneroMonero (XMR) $ 164.93
  • ethereum-classicEthereum Classic (ETC) $ 20.21
  • stellarStellar (XLM) $ 0.101014
  • blockstackStacks (STX) $ 1.65
  • okbOKB (OKB) $ 40.18
  • hedera-hashgraphHedera (HBAR) $ 0.052017
  • cosmosCosmos Hub (ATOM) $ 4.65
  • vechainVeChain (VET) $ 0.022192
  • makerMaker (MKR) $ 1,491.06
  • kucoin-sharesKuCoin (KCS) $ 10.55
  • theta-tokenTheta Network (THETA) $ 1.22
  • gatechain-tokenGate (GT) $ 8.94
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  • matic-networkPolygon (MATIC) $ 0.402066
  • neoNEO (NEO) $ 10.25
  • eosEOS (EOS) $ 0.471730
  • zcashZcash (ZEC) $ 45.97
  • tezosTezos (XTZ) $ 0.666733
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  • havvenSynthetix Network (SNX) $ 1.56
  • true-usdTrueUSD (TUSD) $ 0.999201
  • iotaIOTA (IOTA) $ 0.119986
  • bitcoin-goldBitcoin Gold (BTG) $ 23.78
  • holotokenHolo (HOT) $ 0.001761
  • dashDash (DASH) $ 23.58
  • 0x0x Protocol (ZRX) $ 0.329197
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  • qtumQtum (QTUM) $ 2.44
  • basic-attention-tokenBasic Attention (BAT) $ 0.169181
  • decredDecred (DCR) $ 12.75
  • ontologyOntology (ONT) $ 0.183751
  • nemNEM (XEM) $ 0.016523
  • iconICON (ICX) $ 0.135298
  • liskLisk (LSK) $ 0.828132
  • nanoNano (XNO) $ 0.861092
  • numeraireNumeraire (NMR) $ 15.54
  • paxos-standardPax Dollar (USDP) $ 1.00
  • wavesWaves (WAVES) $ 1.10
  • digibyteDigiByte (DGB) $ 0.006177
  • statusStatus (SNT) $ 0.025867
  • hiveHive (HIVE) $ 0.189686
  • huobi-tokenHuobi (HT) $ 0.535159
  • steemSteem (STEEM) $ 0.175286
  • binance-usdBUSD (BUSD) $ 1.00
  • republic-protocolRen (REN) $ 0.036067
  • omisegoOMG Network (OMG) $ 0.252059
  • bitcoin-diamondBitcoin Diamond (BCD) $ 0.061610
  • bytomBytom (BTM) $ 0.004150
  • kyber-networkKyber Network Crystal Legacy (KNCL) $ 0.460872
  • husdHUSD (HUSD) $ 0.026872