Crypto Price Prediction 4/19 As Bitcoin Hints Bottom Formation at $60K

Crypto Price Prediction 4/19 As Bitcoin Hints Bottom Formation at $60K

Crypto Price Prediction: Despite the rising Geopolitical tension in the Middle East, the cryptocurrency market has shown notable resilience through Bitcoin being a macro hedge. On April 19th, when Israel launched an attack on Iranian soil, the BTC price marked a low of $57600 before immediately rebounding to $65000.
This upswing has uplifted a majority of major altcoins today signaling the formation of local altcoins. However, with less than 24 hours Bitcoin halving the market sentiment is expected to remain volatile today. 
Moreover, Wu Blockchain reports a notable options expiry event with 21,564 Bitcoin options, a Put/Call ratio of 0.64, and a Maxpain point at $65,000, totaling a notional value of $1.4 billion. Additionally, 298,415 Ethereum options are also set to expire, with a Put/Call ratio of 0.42, a Maxpain point at $3,125, and a notional value of $930 million. 
19 Apr Options Data21,564 BTC options are about to expire with a Put Call Ratio of 0.64, a Maxpain point of $65,00

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We współpracy z: https://coingape.com/markets/crypto-price-prediction-4-19-as-bitcoin-hints-bottom-formation-at-60k/

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