Bitcoin Technical Analysis 04-02-21

Technical Analysis

Bitcoins opens at $58K and goes down to around $57K and stable around $58K ~ $59K. The average transaction fee is $17.09 which is 4.56% decrease from 04-01-21. As I mentioned yesterday, Bitcoin continue stabling around $52K since All Time High has reached at $61K. My calculation on its value is $62K at some point which indicates that Bitcoin may continue correction in coming week with its strong support at $52K. Bitcoin may touch $61K again. If it stables around $58K ~ $60K, the next target is stable at $61K and hit $62K. You can reference my method here. Despite the correction, if Bitcoin is back at $61K zone and head it to $62K. 

Bitcoin flash crashes and hit $56K before it backs to $58K indicates that there may be more downward correction coming.

I remain my floor price to $40K indicates the strong support and remain the ceiling price at $50K.

Bitcoin volatility is moving less volatile in yesterday. The market has reacted peak value at $61K but retreated to $54K which means the Bitcoin prepares for next milestone $60K at some time if continue stabling around $58K. It is fairly stable at this level around $52K. It is .

Bitcoin increases its correlation for Gold that it becomes a neutral position ???. The price may fluctuate more in the coming day since Bitcoin VIX is low but Bond VIX increased. There may have medium risks in the coming day as the greed level goes flat!

Bitcoin Value =  $40k ~ $50k and my position is Long.

The following is the summary of general forecasts for this week of the economy and market:

The cross-references on this page were created by the author and have been cross-referenced on multiple platforms. Summary:

Most Bullish News ??

If you have any questions or concerns, please reach out to me ?

In addition, .

It's and easy following me here???? I'll tell you how it's done.

? ?

If you'd like to join, here's where you do it ????

A Is Den?

Here are summary of general forecast of this week of economy and market:

Please sign up Does PacketStream exist???

Are you aware of Steemit?

Do you know what  READ.CASH is?
Note: Cross-references of this article has created by author and has cross-referenced on multiple platforms. What is Leo Finance?
Should you have any questions or concerns, please reach out to me ??.
Do you know what Read.cash is?
You can follow me Does PacketStream exist???:
?? Publish0x and join Does PacketStream exist?
?? Floyx 
?? Hive Blog
?? Trybe and join Does PacketStream exist?
?? Steemit
?? Read.cash
?? Noise.cash
?? Leo Finance
??  TORUM clan and join Does PacketStream exist?
?? Uptrennd
?? Markethive
?? Den
?? Lbry.tv
?? Litecoin? Get your free Litecoin here ? Chat Channel and join Does PacketStream exist?
?? Minds and join Does PacketStream exist?
A Is Den?
???? Free coin from faucets or passive income that test to work ????:
???? How do you feel about this sentence:? Dogecoin ???? Does PacketStream exist? and Does PacketStream exist?
???? Get your free Litecoin Does PacketStream exist?
???? Get your free Zcash Does PacketStream exist?
???? Get your free DATAcoin Does PacketStream exist?
A Is Den?
Passive income invitation ????:
?? Honeygain
?? PacketStream
?? Presearch and code ?? 
?? Swash Coin
?? Pipeflare
?? CyberFM and code ?? Is this a ???? 
Check here for details
A Is Den?
Mobile mining ????:
?? Pi Coin
?? Bee Coin
?? Midoin
?? Initiative Q
All invitation code to use: xuanling11
Check here for details
A Is Den?
You can reference my previous monthly Bitcoin and Ethereum analysis Does PacketStream exist???:
 ???? January 2021 Technical Analysis Summary ????
 ???? February 2021 Technical Analysis Summary ????
A Is Den?
You can reference my previous daily Bitcoin analysis Does PacketStream exist???:
What is Bitcoin's Technical Analysis for 03-10-21?
What is the most recent Bitcoin Technical Analysis?
How Do Bitcoins Fare Against the Dollar 03-12-21?
How is the Bitcoin market performing on the 13th? ?
How does Bitcoin perform on 03-14-21?
How will Bitcoin perform between March 15th and 21st?
Cryptocurrency Technical Analysis 03-16-21?
How to read Bitcoin's Technical Analysis 03-17-21?
Cryptocurrency Technical Analysis 03-18-21?
Technical Analysis of Bitcoin 03-19-21?
How do Bitcoin technical indicators work on March 20 and 21?
Bitcoin Technical Analysis for 03-21-21?
Technical Analysis of Bitcoin for March 22-21??
Bitcoin Technical Analysis 3-23-21?
Technical Analysis of Bitcoin for February 24, 21?
Technical Analysis on Bitcoin for 03-25-21?
How did Bitcoin perform on 03-26-21?
Bitcoin Technical Analysis 03-18-21??
A Technical Analysis of Bitcoins for March 28 through 21?
Technical Analysis of Bitcoin for 03-29-21?
The Bitcoin Technical Analysis for 03-30-21?
Cryptocurrency Forecast for March 31-November 21?
How did Bitcoin perform on 04-01-21?
Bitcoin methodology can be found here and here.
I have previously discussed the daily updates to my analysis of Ethereum What do you mean by ?????
Ether Technical Analysis for Thursday, January 21, on the ?
The :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? for 03-02-21?
Technical Analysis 03-03-21 for Ethereum?
How will Ethereum's technical analysis set up on Wednesday, April 21st?
How is Ethereum performing on 03-05-21? ?
Is There Any Technical Analysis for Ethereum for the 21st of June?
:A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? 03-21-03???
You can reference my Bitcoin methodology here and here.
A Is Den?
You can reference my previous daily Ethereum analysis Does PacketStream exist???:
Technical Analysis of Ethereum on 03-11-21?
What about :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? on 03-21-03?
Technical Analysis of Ethereum for March 13-21?
How does :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? 3-14-21 work?
Is this the best Ethereum technical analysis for the 21st of March?
:A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? March 16-21?
What's the :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? for 03-17-21?
A Technical Analysis of Ethereum for the Weeks of March 18-21?
What is the :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? for 03-19-21?
Bitcoin Technical Analysis for 03-20-21?
A technical analysis of Ethereum for the week of March 21-21??
Is the :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? 03-22-21 correct?
03-23-21 Technical Analysis on Ethereum?
The Ethereum Market Technical Analysis for March 24, 21?
How does Ethereum's technical analysis look on March 25th, 2015?
Technical Analysis of the Ethereum network 03-26-21?
What's in store for Ethereum on March 27-21?
:A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? 03-18-21??
ETH Technical Analysis for March 29-21?
Is it Time to Take a Look at Ethereum?
03-31-21 :A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ?????
Is there a technical analysis on Ethereum for Friday the 21st of January?
Please refer to my Dogecoin daily analysis here.
How does Doge hold up? 12-28-21
Did you analyze Doge on the 21st January?
Can you tell us Forecast for the week of 3/26/21 to 4/21/21 by Crytomarket? 01-02-21?
Do you have a Forecast for the week of 3/26/21 to 4/21/21 by Crytomarket? for the 21st of November?
Can you tell us about doge's analysis for the 28th of January, 21?
Did Forecast for the week of 3/26/21 to 4/21/21 by Crytomarket? 02-04-21 make any sense?
Forecast for the week of 3/26/21 to 4/21/21 by Crytomarket? on 2007-07-21?
————————————————————————-You can view my weekly Cryptocurrency forecast What do you mean by ???
:A quick look at Cryptomarket from Monday, January 22nd through Tuesday, January 29th ???? 04-01-21??
A Is Den?
You can reference my previous daily Dogecoin analysis Does PacketStream exist???:
Crytomarket Weekly Overview and Forecast for February 12 to February 19????
Is there a market impact of the Crytomarket Weekly Summary from February 19th through February 26th?
Crytomarket Weekly Review and Forecast, 02-26-21 – 03-05-21????
What's new for Crytomarket from 03-05-21 to 03-12-21??
The Crytomarket Weekly Forecast for March 12th-21st was generated by ????
Crytomarket Weekly Forecast 03-19-21 – 03-26-21????
Forecast for the week of 3/26/21 to 4/21/21 by Crytomarket? 02-07-21??
A Is Den?
You can reference my previous weekly Cryptomarket forecast analysis Does PacketStream exist???:
During this time, the target is expected to be around the $58K mark and $61K peak and $62K. Neutral refers to making no decisions and seeking opportunities ???
--———————————————————————————————————————————————-Over the past few days, volatility has decreased in Bitcoin. Any opinions expressed herein are mine.
I am not receiving any compensation for it.
My business relationship does not include any company whose cryptocurrencies appear in this article.
Please note that the information provided here is educational only.
This sentence describes the following facts: .
AnalysisDigital currency Bitcoins begin at $58K and fall to $57K and stabilise around $58K to $59K.
An average transaction fee of $17.09 compares with $17.09 on 04-01-21 .
Yesterday I discussed that Bitcoin continued to be stalled at around $52K since the All-Time High reached at $61K.
Crytomarket Weekly Overview and Forecast 03-26-21 to 04-02-21????
A Is Den?
It is possible that Bitcoin will surpass $61,000 again.
During this time, the target is expected to be around the $58K mark and $61K peak and $62K. Averse means you can use as defense ???
During this time, the target is expected to be around the $58K mark and $61K peak and $62K. Seeking means you can use as offense ??
During this time, the target is expected to be around the $58K mark and $61K peak and $62K. Neutral means no decision made and continue seeking opportunities ???
A Is Den?
Over the past few days, volatility has decreased in Bitcoin. With Bitcoin's peak value of $61K, the market has returned to $54K which means that Bitcoin is preparing for next milestone $60K at some point if it keeps holding around $58K. About $52K is a fairly stable level. At this level, volume of trading is high, and the transaction charge has fallen, despite bitcoin growing its correlation to gold, and becoming a neutral position. This information is only for educational purposes.