March ended perfectly, Bitcoin achieved a monthly increase of 16%, the price has risen for 7 consecutive months, will April set a record of 8 consecutive rises? April will usher in the Bitcoin halving, probably on April 20, although the price of Bitcoin has risen slightly, but the overall is in a sideways state, the 4-hour RSI has pulled from 50 to 60, the price has not risen significantly, and the recent upward momentum is somewhat weak. However, the funding rate has rebounded to the level of March 11, and since the funding rate hit the bottom on March 20, it has also risen along with the price of bitcoin, which also hints at a sharp decline in the price at some point in the future.
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March ended perfectly, Bitcoin achieved a monthly increase of 16%, the price has risen for 7 consecutive months, will April set a record of 8 consecutive rises? April will usher in the Bitcoin halving, probably on April 20, although the price of Bitcoin has risen slightly, but the overall is in a sideways state, the 4-hour RSI has pulled from 50 to 60, the price has not risen significantly, and the recent upward momentum is somewhat weak. However, the funding rate has rebounded to the level of March 11, and since the funding rate hit the bottom on March 20, it has also risen along with the price of bitcoin, which also hints at a sharp decline in the price at some point in the future.
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