Bitcoin


The price is facing pressure near the levels of $78,000.
Support: Current support levels are concentrated just above the $75,000 mark.
Short-term forecasts: Some analyses (such as Elliott waves) indicate a possibility of completing a slight correction before attempting to break new highs.
Cash flows: April saw a net inflow of $1.97 billion into ETF funds, which is a very positive indicator for the continuation of the bullish momentum in May.
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