#BTC Overall whole market looks pretty weak. Despite a decent daily close of bitcoin’s price yesterday, the sell pressure continues today. Today we will close our 3-day candle and we really need to see the push up today for a bullish case scenario.

We have a crucially important weekly pivot next week – 22 April. This means that next week will be decisive for bitcoin.

Trade very carefully these days, market is very shaky!

We should see some sort of relief bounce next week anyways but broad picture is not good for weeks ahead!

We will post our global view on bitcoin and alts later on, but we can assure you we will see lower price on bitcoin. At least 53,000$ before we can continue our trend up. We will try to predict the exact bottom date and price to buy bitcoin and the most promising altcoin positions.

For now, it is choppy mess and will continue to be so for quite some time. We will have a chance to fill our bags at a better price for long term hold and will tell you the exact date when it is time to load the boat! Stay tuned and don’t rush into the market!

https://www.tradingview.com/x/YLGctvKg/

Sigma Crypto Chad

📱 Here

#ETH Ethereum also looks shaky!

Same as with #BTC, we expect some sort of relief bounce coming into next week but will eventually see lower prices!

Sigma Crypto Chad

📱 Here

https://www.tradingview.com/x/GnqjxQrC/

Market Overview and Strategy for Next Week:

📈 Bitcoin Watch: Anticipate a bounce towards $66-68K next week. This movement is crucial, especially for altcoins.

📅 Critical Dates (22.04 - 28.04): This period is pivotal for Bitcoin. If Bitcoin fails to breach the $66-68K range, consider exiting positions. A drop to retest $53K is likely, presenting a prime opportunity to invest in select altcoins.

🚀 Altcoin Strategy: Despite current market pressures, the long-term outlook for altcoins remains strong. Many have recently bought altcoins in anticipation of an altseason triggered by Bitcoin's surge to $70K. However, the market dynamics don't support this theory, and many are now facing the consequences.

🔍 Optimal Buying Time: Our analysis indicates mid-May—coinciding with Bitcoin's potential revisit to $53K—as the best time to purchase altcoins.

📊 Selective Investments: We'll closely monitor and update you on which altcoins show resilience and potential for growth.

Stay tuned for detailed updates and insights.

Sigma Crypto Chad

📱 Here