Bitcoin’s Bullish Market In April — Peaking at $5,000

Christine Teo
Apr 2, 2019 · 2 min read
Image for post
Image for post

Since the beginning of April, we are seeing an optimistic bullish trend in the cryptocurrency markets as Bitcoin (BTC) market surpasses the $4,100 mark on 1 April 2019.

The following day, Bitcoin experienced a huge spike to peaking around $5,000, a surge of 21.9% in the price levels in an hour.

Image for post
Image for post
Bitcoin’s Market

At the moment, the key price level to watch for Bitcoin is at $4,700. If the market is able to hold and remain close above this price level, we are looking at an expected trading zone of $5,000 to $7,000 in the month of April.

A good price level to enter the BTC market when price dips would be around $4,600 to $4,700 as we are expecting markets to have turned bullish in our favour.

Don’t have a Tokenize account? Sign up here!

Disclaimer: The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Tokenize Xchange. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Tokenize Xchange

Tokenize, a team that aspire to build the next generation…

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store