Expectations for the current market movement

[Monroe123]

In my opinion, the market is in a state of correction, I still expect bullish movement during the first week of next month to raid this month's high once the month ends. the price might go sideways a little. If we get to 103k by next month then I'll watch for proper rejection, but before then, I'll watch out if we could go lower before the price gets there.

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

 

[alurosu]

Do you think we would get a new high with the current state of the market

Yes

I think we'll see all time highs in 1-2 months

 

[k2h2]

In my opinion, the market is in a state of correction, I still expect bullish movement during the first week of next month to raid this month's high once the month ends. the price might go sideways a little. If we get to 103k by next month then I'll watch for proper rejection, but before then, I'll watch out if we could go lower before the price gets there.

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

By this year end, it should get past 100k for sure.

 

[CosmicSmm]

By this year end, it should get past 100k for sure.

do you mean btc will go above 100k?

 

[collins24]

In my opinion, the market is in a state of correction, I still expect bullish movement during the first week of next month to raid this month's high once the month ends. the price might go sideways a little. If we get to 103k by next month then I'll watch for proper rejection, but before then, I'll watch out if we could go lower before the price gets there.

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

If the market creates an ATH on Bitcoin, just expect a deep bearish market.

 

[sjmasku]

Bitcoin is in a mixed trend, but we might hit that $100k target before we expected.

 

[chrisgreen]

If the market creates an ATH on Bitcoin, just expect a deep bearish market.

Think you'll get the usual pattern of rotation around alts as it dumps?

 

[OUG]

Yes, I agree with you on the market correction. I also think there may be bullish movement next month. We may see the price go sideways for a bit, but if it reaches 103k, I will look for rejection. It's true that BTC was bearish at the beginning of the month, but ended bullish. It's a tricky month indeed.

 

[nextlevel SEO]

The market is definitely in correction mode. I think we could see some sideways movement before potentially pushing up to raid this month's high. Watching for rejection around 103k sounds smart. BTC has been all over the place started bearish but ended strong, so it’s been a tricky month. Hopefully, next month brings more stability!

 

[Brady Orton]

I think it will continue to fall

 

[Usersuri]

In my opinion, the market is in a state of correction, I still expect bullish movement during the first week of next month to raid this month's high once the month ends. the price might go sideways a little. If we get to 103k by next month then I'll watch for proper rejection, but before then, I'll watch out if we could go lower before the price gets there.

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

I'm predicting a new high by July. It looks possible.

 

[themoroccansniper]

In my opinion, the market is in a state of correction, I still expect bullish movement during the first week of next month to raid this month's high once the month ends. the price might go sideways a little. If we get to 103k by next month then I'll watch for proper rejection, but before then, I'll watch out if we could go lower before the price gets there.

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

ChatGPT said:​

Yes, a new high is possible, especially with how April played out. Despite starting bearish, BTC closed strong, forming a bullish monthly candle—often a sign of underlying strength. This kind of price action can trap early bears and fuel a move higher as liquidity builds above April’s high. If price consolidates or dips slightly into early May, it could set up the perfect springboard for a push toward or above 103K. Still, watch closely around that level for signs of rejection—momentum could shift quickly if bulls lose steam.

 

[ProxyWings]

My expectation is: 'Sell in May and go away' — and return around September or October.

 

[SilviaSignals]

Yeah, it’s been a choppy month for sure. That bullish close threw a curveball, watching next week closely to see if momentum holds.

 

[nidoke]

I feel like we’ll hit cycle top around Q4 of this year, and then slightly start descending into bear market territory. I’m solely basing this on prior cycle movements.

 

[NULLTRACE]

Yes

I think we'll see all time highs in 1-2 months

Everything suggests that it will happen much sooner. But also, the drop to values of 70 will happen faster than we can imagine.

 

[Crytononame]

Do you think we would get a new high with the current state of the market, cause beginning of this month, BTC was very bearish, only for the month, so it ended as a bullish candle, very tricky month for the month of fools.

So, the whole risky asset shebang, including Bitcoin, is riding high on the idea that the US can avoid runaway inflation and the Fed will start easing up on rates.

Powell's got a speech in May, and new numbers are on the way. US GDP already took a dive, so if inflation even hiccups or unemployment jumps, you could be scooping up your Bitcoin around the $50k zone.

 

[Nounklet]

If the market creates an ATH on Bitcoin, just expect a deep bearish market.

It will take a long time before the market becomes bearish again.

 

[Crytononame]

I agree with you. Once this month makes its high, there will be greed in the market, and then some might get more ambitious. I expect this month to be bearish, and if we break below 92k this week, then I'm sure there will be some breakdown in price. We will have to wait for the Feds. Let's see what they have to say.

Just throwing this out there: Bitcoin has a serious May track record. Historically, over the last 5, 10, and 15 years, it's consistently taken a nosedive in May. So, odds aren't looking good for a pump this month. The selling pressure seems to have started as soon as May rolled around.

 

[Nyvra]

You're right — April was a deceptive month. The early bearish pressure shook out a lot of weak hands, but the monthly close flipping bullish caught many off guard. That kind of "fakeout then breakout" behavior is classic in market transitions.