04/05/2022 THE NEWS BULLISH - COINTELEGRAPH Amid growi | Scalptech: Crypto Signals by BTCMachine & Autobots

04/05/2022


THE NEWS

BULLISH - COINTELEGRAPH
Amid growing calls for a “capitulation” style event to put in a fresh macro bottom on BTC/USD, contingency plans were also becoming conspicuously more vocal. MicroStrategy, the company with the world’s largest Bitcoin corporate treasury, went as far as to say that it would up its Bitcoin buys if BTC reach 29k


BULLISH - COINTELEGRAPH
“I think of Bitcoin the same way I think of the early internet. They [the government] didn’t see it coming and now it’s a viable form of currency–you can actually buy things with it.” Khalil Rountree - (MMA) fighter.



PRICE ANALYZES

BULLISH - Rekt Capital @rektcapital
BTC is now testing a multi-week resistance Break this and the multi-week downtrend is over and BTC will enjoy upside [IMAGE]


NEUTRAL - PlanB @100trillionUSD
Original $55K S2F model made in March 2019 (grey) seems to fit current data better than later $100K model update (white). Others suggested & implemented a S2F model based on average S2F ratio, which smooths the jumps after halvings (yellow). Let's see what BTC will do next 2 yrs. [IMAGEM]


NEUTRAL - Michaël Poppe @CryptoMichNL
Overall, I'd rather want to say that the market is in the accumulation phase. Many altcoins are down and have corrected their entire move from the impulse in 2021. Rather accumulate than short.