Crypto experts see a pullback in Bitcoin price as a buying opportunity
price fluctuations have left crypto investors wondering if this rollercoaster is a preview of post-halving volatility, or just a temporary correction that warrants fresh buying opportunities.Moreover, the world’s largest digital coin and the broader crypto market in April snapped a seven-month winning streak with their sharpest monthly decline since November 2022, which was when the crypto exchange FTX collapsed.experienced declines of 2% and 1.6%, respectively, following U.S.
: “The market may feel tired and lacking a stimulant may be ready to test further bottoms in the $50,000 range. Positively, today's sell-off saw little in terms of liquidations, suggesting markets are not heavily leveraged. That may result in an opportunity for market participants to buy into the correction to reclaim the low $60,000 range.": "Post-halving, the market usually trends sideways or downwards–this is not a surprise.
“Current price is ahead of the model's support line by almost two years. This is typical in bull markets and suggest we may see even lower prices in the near future. That being said, viewing these patterns, I remain confident in Bitcoin's upward trajectory and am still very bullish in the long term.”: “US job and wage growth was higher than anticipated in recent reports.
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