The channel in which BTC is traded began to narrow. The $42,000 resistance level was not broken. The local support level is $37,600 and below is another more reliable level - $34,300.
The situation should be resolved by the end of this week. I believe we may see a short term decline followed by a rebound.
There is information that
April-May will be generous and green months. I hope that we will be allowed to enter long positions at lower prices. After that, I expect BTC to go above $50,000.
#BTC
