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) $ 95,189.00
  • ethereumEthereum (ETH) $ 3,432.91
  • tetherTether (USDT) $ 0.998365
  • dogecoinDogecoin (DOGE) $ 0.324677
  • usd-coinUSDC (USDC) $ 0.999861
  • cardanoCardano (ADA) $ 0.928059
  • tronTRON (TRX) $ 0.252808
  • chainlinkChainlink (LINK) $ 24.54
  • stellarStellar (XLM) $ 0.369870
  • hedera-hashgraphHedera (HBAR) $ 0.288500
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  • leo-tokenLEO Token (LEO) $ 9.35
  • litecoinLitecoin (LTC) $ 106.71
  • crypto-com-chainCronos (CRO) $ 0.162644
  • ethereum-classicEthereum Classic (ETC) $ 27.58
  • vechainVeChain (VET) $ 0.049053
  • moneroMonero (XMR) $ 191.17
  • daiDai (DAI) $ 0.998754
  • algorandAlgorand (ALGO) $ 0.375840
  • okbOKB (OKB) $ 46.16
  • cosmosCosmos Hub (ATOM) $ 6.96
  • blockstackStacks (STX) $ 1.71
  • theta-tokenTheta Network (THETA) $ 2.31
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  • makerMaker (MKR) $ 1,636.04
  • tezosTezos (XTZ) $ 1.35
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  • eosEOS (EOS) $ 0.851324
  • iotaIOTA (IOTA) $ 0.322248
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  • neoNEO (NEO) $ 14.94
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  • havvenSynthetix Network (SNX) $ 2.12
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  • nemNEM (XEM) $ 0.025971
  • digibyteDigiByte (DGB) $ 0.012566
  • ontologyOntology (ONT) $ 0.236807
  • iconICON (ICX) $ 0.180762
  • nanoNano (XNO) $ 1.41
  • statusStatus (SNT) $ 0.044732
  • huobi-tokenHuobi (HT) $ 1.06
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  • wavesWaves (WAVES) $ 1.63
  • liskLisk (LSK) $ 0.958846
  • numeraireNumeraire (NMR) $ 15.97
  • steemSteem (STEEM) $ 0.239571
  • paxos-standardPax Dollar (USDP) $ 0.997825
  • binance-usdBUSD (BUSD) $ 0.997309
  • omisegoOMG Network (OMG) $ 0.355712
  • republic-protocolRen (REN) $ 0.029302
  • bitcoin-diamondBitcoin Diamond (BCD) $ 0.064802