Bitfinex: Bitcoin rose 14% in April, the current key support level is $95,000
05-05 12:33
Odaily News The latest report released by Bitfinex shows that Bitcoin rose 14.08% in April, rebounding from a low of $74,501 at the beginning of the month to nearly $98,000, surpassing the historical average performance during the same period. The current key support level is $95,000. If this range can be stabilized, it may lay the foundation for a return to historical highs. On-chain data shows that miners' reserves remain stable, and the Puell Multiple indicator shows that miners have no motivation to sell on a large scale, indicating that the market's structural bullish signals are still strong. Although the short-term trend still needs to be observed, the overall trend tends to continue to rise. (Bitfinex)
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