​​📉 Daily Bitcoin chart review 📈

BTC came back above 58230 but pulled back below 58800. Very tight and dense range. Just not enough liquidity to fuel stronger move. Therefore I keep possibility for 55-56k open as well as some sharp pumpy move on breakout above 60k to re-test ATH with breakout target 63.5k. Global uptrend favor bullish move but lower timeframes are choppy, so pullback has same good chances to happen.

CME gaps: upper closed. Another one left down to 54450-55110. Current CME price difference with Binance +600$ which makes it hard to draw a parallel between them.

🟥 58800 - 59620 - 60400
🟩 58230 - 57400 - 56800

Momentum at daily:
04-06: AO ⬆️🔻 AC 🔻🔻
01-03: AO ⬆️⬆️ AC ⬆️🔻
29-31: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 75 (<= 71 <= 74 <= 73)

​​💬 Chat chart request 💬

Litecoin broke out trendline and now at strong $230 resistance. This is the second time it approach that level. If breakout - buying more on re-test. If get rejected - buying re-test of trendline down to ~202 support.

Since funding rates will be reset in 1 hour I assume we may expect small sell off in alts prior to that. Good to set stink bids (in general for all bullish alts).

​​The Latest Breaking News 📣

#1 Total crypto market cap hits $2 trillion — link

#2 Grayscale plans to convert GBTC into a Bitcoin ETF — link

#3 MicroStrategy acquires additional $15 million in Bitcoin — link

#4 Japan's central bank kicks off experiments on issuing digital currency — link

#5 Gucci, other luxury fashion brands are poised to launch NFTs — link

​​Grayscale Plans To Turn Its Bitcoin Trust Into An ETF

The US investment firm, Grayscale, launched in 2013, responsible for a mammoth $38.8 billion closed-end Bitcoin trust, has interest in converting the fund into a Bitcoin Exchange-Traded Fund.

It'll mean they would charge lower management fees and it would be easier to move money in and out which wasn't so before now.

The recent successful Bitcoin ETFs in neighboring Canada have rekindled the excitement for a Bitcoin ETF in the US. #dailynews

​​📉 Daily Bitcoin chart review 📈

Target zone 55-56k indicated 4 days ago finally hit ✅

What we all need now is BTC bouncing above ~55800. In this case next target is 58.2-58.8k resistance zone with good chances for breakout higher towards new ATH. If in 5H close above 56.5k most probably bullish scenario is in play.

If BTC lose that support next step is down to ~53300. Since it will also be a break down of ascending triangle forming since February it may lead to stronger bearish impulse that can take price down to 51k.

🟥 57250 - 57800 - 58230
🟩 56500 - 55800 - 55000

Momentum at daily:
04-08: AO ⬆️🔻 AC 🔻🔻
01-03: AO ⬆️⬆️ AC ⬆️🔻
29-31: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 72 (<= 75 <= 71 <= 74)

​​📉 Daily Ethereum chart review 📈

Ethereum failed to breakout bull flag last time which resulted in bull fart. That black line is 2018 year close and 2019 open. The higher timeframe the bigger money are watching the level. So this is very important zone and crucial for ETH to reclaim if we talk about any bullishness. Rejection will push it to support zones below at 34500 and 33800.

​​Billionaire Investor Believes Ethereum Will Outperform Bitcoin

Billionaire investor Mark Cuban who now believes in bitcoin praised Decentralized finance which is built on Ethereum.

The billionaire revealed that he expects the Ethereum 2.0 upgrade will generate massive development of Applications on the Ethereum Blockchain which will outperform Bitcoin.

He believes Bitcoin, has evolved to become a major store of value, and would be easier to work with ethereum more than Bitcoin.

​​The Latest Breaking News 📣

#1 Cryptocurrency inflows hit all-time high of $4.5 billion in first-quarter — link

#2 Former BitMEX CEO Arthur Hayes surrenders to face U.S. charges — link

#3 Sweden to bring in banks in next stage of e-krona project — link

#4 ChainSwap raises $3M from investors including Alameda Research and NGC Ventures — link

#5 McDonald's France is set to launch its own NFT — link

​​Kucoin Listed Boson Protocol (BOSON)

Boson Protocol (BOSON) is now available for trading on KuCoin. Supported pairs are BOSON/USDT and BOSON/ETH.

Details 👉 https://www.kucoin.com/news/en-boson-protocol-gets-listed-on-kucoin-world-premiere

​​Ethereum Closed the 1st Quarter of 2021 with 160% Price Gain

Due to the significant upward move from $737 to $1,920 in Q1, ETH demonstrated a great quarterly performance of +160.1%.

​​Disbalancer IDO To Launch on A2DAO

Disbalancer is a decentralized network that provides DDoS Resistance service and decentralized load balancer for infrastructure. Registration for DisBalancer IDO on A2DAO will be open soon.

👉 https://twitter.com/a2dao_/status/1380178684217294849

​​Yellow Road Partners with NULS

NULS will join Yellow Road ecosystem and future projects on Yellow Road platform will have direct access to the Nuls SCO program and NerveNetwork cross-chain features.

👉 twitter.com/Nuls/status/1380203795360047106

​​ORAO Partners with Elrond

ORAO has partnered with Elrond, a very promising network that uses Adaptive State Sharding to solve the painful bottlenecks Ethereum. ORAO will be launching on Gate and Uniswap on April 12 at 10 AM UTC.

👉 https://twitter.com/OraoNetwork/status/1380180172662538243

​​List of Upcoming Important Events Next Week (Apr 12 - Apr 18)

Michelle prepared the breakdown of upcoming events next week: important tech developments and public sales

​​Kattana (KTN) gets listed on Gate on April 10th. KTN/USDT and KTN/ETH trading pairs are already live. It is the first listing on CEX for KTN.

​​Disbalancer IDO To Launch on A2DAO

Disbalancer is a decentralized network that provides DDoS Resistance service and decentralized load balancer for infrastructure. Registration for DisBalancer IDO on A2DAO will be open soon.

👉 https://twitter.com/a2dao_/status/1380178684217294849

​​💬 Chat chart request 💬

During last 4 weeks THETA went up by 391%. After such massive pump (look at month candle) it is hard to expect more, unless next month it will double the size of previous month candle. At lower timeframes it forms a bull flag (consolidation channel). Possible breakout trade on cross above each of previous higher fractals - 13.765 / 13.989 / 14.939. Or accumulation down to 11.65.

​​📉 Daily Bitcoin chart review 📈

Bitcoin momentum at daily continue reversing back up. Nearly got above ATH today. Have no doubts soon we will see new ATH. And its not about cryptocurrency in general or Bitcoin itself. Stocks broke out bull flag and went up. Dollar index dropped below 2017-2018 SR and pulled back. All that together is pushing crypto King to new highs. And I am truly happy about it 😄

🟥 61950 - 65000 - 66666
🟩 59600 - 58800 - 58230

Momentum at daily:
~10~: AO ⬆️⬆️ AC 🔻⬆️
09: AO ⬆️🔻 AC 🔻⬆️
04-08: AO ⬆️🔻 AC 🔻🔻
01-03: AO ⬆️⬆️ AC ⬆️🔻
29-31: AO ⬆️⬆️ AC ⬆️⬆️

😱 Fear & Greed index: 70 (<= 70 <= 72 <= 75)