Bitcoin speculation thread for April

[Moreno233]

April will be a consolidation market with a very sharp stop hunt expected towards the down side. The shock may push price towards $50k before the market will recover very fast to enter into the consolidation. In other words, I don't see Bitcoin ending above $80k this month, the bearish pressure is just too much and there is no sign of slowing down as the war seems to be fueling it. Accumulating more is the best thing to do now that the price is still low.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

[Asuspawer09]

I thought March would close with a red candle  which will be th sixth month candle but today was later bullish and it ended with a green candle.i think this is very good.

I just make the April poll easy, let us see if most people will get it right.

Bitcoin opened at $68280 in April, do you think the price will keep going up or it would be of a little bearishness. We should use this thread to have some fun speculating what the price of bitcoin could be in April.

I think that Bitcoin is going to have a long way here so it might have a little more price dump in the coming months since there was no actual catalyst or good news in the Bitcoin so might drop more when it comes to prices around 50k$ in my opinion is where the lowest could easily go, on the other hand due to the Bitcoin recent dump we already drop to the bear market which scare a lot of investors in the past months.

At this point it would just depend on the news in my opinion, maybe if the war situation start to get better we could also see a huge pump in the market, even though im starting to think that war is not going to affect it's market price, but it would start to pump it because of the digital gold narative is already working, investors are already finding a way to protect there wealth when it comes to war so, Bitcoin was one of the obvious choice, and I think that is why Bitcoin price pump to around 74k$ last time because people want to protect there money from inflations.

[_act_]

April will be a consolidation market with a very sharp stop hunt expected towards the down side. The shock may push price towards $50k before the market will recover very fast to enter into the consolidation. In other words, I don't see Bitcoin ending above $80k this month, the bearish pressure is just too much and there is no sign of slowing down as the war seems to be fueling it. Accumulating more is the best thing to do now that the price is still low.

I also think that bitcoin is not going to $80000 in the month of April but I do not also think bitcoin is going to $50000. What we have been seeing is that bitcoin has consolidated but it is very possible that there will still be more dips. There is a strong resistance waiting at $60000 but if bitcoin go below it, it will not be really far from $60000 and I do not think this will happen this month.

[Odusko]

April will be a consolidation market with a very sharp stop hunt expected towards the down side. The shock may push price towards $50k before the market will recover very fast to enter into the consolidation. In other words, I don't see Bitcoin ending above $80k this month, the bearish pressure is just too much and there is no sign of slowing down as the war seems to be fueling it. Accumulating more is the best thing to do now that the price is still low.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

For sometimes now, the bitcoin price has maintained a sustained resistance and has been breaking out of the $70,000 making stops between $66k-$68k, this make it hard for us to be able to speculate the market in these early days of April, but then also pullback price for bitcoin shouldn't be overlooked as many I predicting a possible futher drop in bitcoin price.

[el kaka22]

Majority believes that we are going to be at the same stable situation, just go up and down between the same prices like we did in march, and that's not really unheard of, it could happen twice in a row and has happened before. I think it's clear that we should not be expecting much out of this, it is something that we can guess and see what could happen and its seriously what we need out of this situation as well.

I understand why people would see how things could change for the long term, and I think it would be how institutions are going to treat bitcoin. If geo political tension are over and bitcoin is already bottomed out, we can see bulls getting into action toward the ATH till the end of this year. But, we cannot speculate anything about any war as Russia-Ukraine war is happening for years but it has already lost its influence in most markets.

[MusaPk]

For sometimes now, the bitcoin price has maintained a sustained resistance and has been breaking out of the $70,000 making stops between $66k-$68k, this make it hard for us to be able to speculate the market in these early days of April, but then also pullback price for bitcoin shouldn't be overlooked as many I predicting a possible futher drop in bitcoin price.

What we have seen about Bitcoin for last two months is that its price has not gone below 62000$ and now it looks certain that Bitcoin will not be going in the range of 50,000$. Even in current situation, where their is war going on between Iran and USA we have seen Bitcoin showing stability since the beginning of this conflict. To me it looks like price of Bitcoin will be in the range of 65000$ to 70,000$ because of ongoing tension between different countries of the world. This is best time to gather Bitcoin for upcoming bull run.     

[Pandu Geddon]

To me it looks like price of Bitcoin will be in the range of 65000$ to 70,000$ because of ongoing tension between different countries of the world. This is best time to gather Bitcoin for upcoming bull run.     

Of course, there is a possibility that Bitcoin will remain around that price range. Certainly, we see Bitcoin staying at its current price for some time in a war situation that has an impact on the global economy. Of course, we hope that Bitcoin will never reach $50k, although the price may tend to remain stable around the current price range. I think this situation is not an issue for preparing for a market trend change toward the next bull run. If Bitcoin drops to $50k or lower, there will definitely be demand in the market that could make the price rise again.

[Shadiq]

It is very difficult to predict where the Bitcoin price will go in the current situation. Bitcoin is still looking stable and it does not seem like Bitcoin will show any major movement. In April, we may see Bitcoin unchanged or with some red candles. I cannot expect a green candle yet, it may happen at the end of the month.

[barbara44]

I think this might be the bottom and we might soon start seeing more green monthly candles going forward. Closing a 6 month candle in green was a great achievement which most of us were speculating for. If 6 months candle is green, we can expect the next quarterly candle to close in green as well which will just start the green journey for bitcoins. This might be too soon but these are rather my expectations instead of speculations. If going with speculation, overall market conditions do not seem convincing. Seems like the geopolitical tensions might escalate which will impact the markets for shorter duration. This might mean we might see red closures for coming month or two.

I would love to watch people's reactions and see what they feel might happen. This thread can be useful for speculation in times like these and I think more voters will soon show interest. For me personally, I am really expecting a bullish trend from here.

[Webetcoins]

What we have seen about Bitcoin for last two months is that its price has not gone below 62000$ and now it looks certain that Bitcoin will not be going in the range of 50,000$. Even in current situation, where their is war going on between Iran and USA we have seen Bitcoin showing stability since the beginning of this conflict. To me it looks like price of Bitcoin will be in the range of 65000$ to 70,000$ because of ongoing tension between different countries of the world. This is best time to gather Bitcoin for upcoming bull run.     

I do agree that won't be the case anytime soon but I wouldn't say that it would be impossible to happen in the end. We should realize that the price could do anything in the crypto world, and going under 60k is not really impossible and could happen.

I understand it may not happen in April, but what about until end of this year? That could actually happen and we should consider this as a possibility and we could definitely consider this as something that could be a very well done thing and we could see it happen.

[Orpichukwu]

i picked 75k plus

Most likely the Bitcoin price might reach $75k before the end of April as already predicted by the majority of the people. I have read their predictions, and if Bitcoin is going to break above the $75k level, then it can be argued that the bear market foundations have been shaken, and there is more chance of getting out of it earlier than predicted.


Saving this here for reference purposes as seen and predicted on one of the WhatsApp grouped I’m a member where someone is tying to predict price with over certainty..

Based on my prediction, Bitcoin has a 70% chance of reaching $75,000.00 by April 2026. And if it will go down below it will be around, $65,000.00 support has a 58.5% probability. Overall the market  is bearish.

[tygeade]

It is very difficult to predict where the Bitcoin price will go in the current situation. Bitcoin is still looking stable and it does not seem like Bitcoin will show any major movement. In April, we may see Bitcoin unchanged or with some red candles. I cannot expect a green candle yet, it may happen at the end of the month.

Right, even I can't just expect a green candle as of yet not if the current geopolitical tensions continue. In the past, we have seen bitcoins does not react really good to these situations and the market dipping down is much expected. There are a number of seasoned investors here who have seen similar situations in the past and that is what makes them ready now to bear the current situations. I think not just April, but even June and July can be a red month for bitcoins.  August might be a month where we can see some green candles coming as people will start showing interests along with the institutions. But until then, expecting green candles can be a mistake.

Especially new traders should open positions much carefully for now. I might even recommend these new people to stay away from the markets until the situation stabilizes. Investing in current situations is a really risky decision which I think should be ignored by new traders.

[Oshosondy]

I would love to watch people's reactions and see what they feel might happen. This thread can be useful for speculation in times like these and I think more voters will soon show interest. For me personally, I am really expecting a bullish trend from here.

We are just having fun, but many of us did not just post but made some useful analyses before making conclusion, but know that many people that will post and vote on this thread did not do any analyses but they just want to have the fun and we are all having just fun. Just as I always said, we are only having fun, do not use this to make conclusion in any serious speculation.

[bubilas]

I thought March would close with a red candle  which will be th sixth month candle but today was later bullish and it ended with a green candle.i think this is very good.

I just make the April poll easy, let us see if most people will get it right.

Bitcoin opened at $68280 in April, do you think the price will keep going up or it would be of a little bearishness. We should use this thread to have some fun speculating what the price of bitcoin could be in April.

In addition to the fact that geopolitics has had a positive impact on the price of Bitcoin recently, it is also important to note that without the continued institutional demand, the decline in Bitcoin's price would likely have been much more significant. It is possible that Bitcoin's price could have dropped below 50,000.
Since January 2024, institutional demand (ETPs + treasury companies) has accounted for 18% of all capital flows into Bitcoin, which is a significant percentage. In the past 30 days, institutional demand has increased by +45,100 BTC.
It's a timeless story: retail investors sell, institutions accumulate. Institutional demand for BTC remains relentless.

[UmerIdrees]

April will be a consolidation market with a very sharp stop hunt expected towards the down side. The shock may push price towards $50k before the market will recover very fast to enter into the consolidation. In other words, I don't see Bitcoin ending above $80k this month, the bearish pressure is just too much and there is no sign of slowing down as the war seems to be fueling it. Accumulating more is the best thing to do now that the price is still low.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

In normal circumstances, if there had been no war, we could have expected lower levels like 60k and below in Bitcoin price but since the war is there and due to this uncertainty in the markets we aren't sure if we may see the dump or pump in the market. While the news of war may bring a dump in the market but then there are news of ceasefire and negotiations that can give an unexpected pump in the market too.

It's hard to predict how the month will end but as a trader one needs to be extremely careful and do not take more leverage as then the risk of liquidation increases in an uncertain situation.