#Cryptocurrency Fear and Greed Index, an indicator used to gauge cryptocurrency sentiment, is currently in greed territory and pushing towards highs not seen since November 2021, #Bitcoin's all-time high. - link

Since The Onset Of The 2022 Bear Market, One-Year Holder Supply Has Hit An All-Time High Supply last active 1 year ago or more reached all-time highs during March, approaching nearly 70% of #bitcoin’s total circulating supply. - Source.

Tether's balance on exchanges has fallen 28% to 12.88 billion USDT, according to Glassnode. By comparison, the aggregate stablecoin balance on exchanges has fallen 41% over the year to $22.31 billion. - Source.

Volatility gap between BTC and Nasdaq hits yearly high.

Top Ordinal #NFT Collections by trading volume

Is #Bitcoin still good value? Below the 2 Year Moving Average, it is typically considered undervalued by the market. It is currently at $34,721, with price at $28,332. - link

Polygon NFT marketplaces observe no growth despite network adoption rising by 337% - link

ANALYSIS: Top-10 #cryptocurrencies by social activity, according to #Cryptorank. - link

NYDIG: #Bitcoin price skyrockets 71.9% aurpassing all other assets, Correlation w/US equities declines. link

For now it is good to wait for Bitcoin to exceed $30,000 to define a good entry. It is also convenient to wait for the monthly closing.

There is divergence between the times of roe deer, medium and long term. That makes it difficult to define a secure input.

ANALYSIS: CryptoQuant theorizes that #BTC #bitcoin could reach $100,000 by 2024. - link

Around 51% of all staked #ETH #etherum was locked up at prices higher than they are today, which diminishes the risk of ETH selling to meet tax liabilities. link

#Bitcoin price liquidations hit $50 million as BTC crosses $30,000 for the first time in ten months. - link

Uncertainty around the upgrade has fed volatility and had a moderate impact on derivatives markets, with #ETH open interest increasing by $400mn since the start of April. However, #BTC continues to dominate market headlines, with open interest rising faster than ETH yesterday. - link

Bitcoin price has finally broken through the $30,000 level after the key price zone lasted as a ten-month resistance level.

BTC price rose 6.5% on April 10, and the long-awaited rally ended a harrowing 12-day period of extremely low volatility, in which the price hovered around $28,200.

Bulls are now confident that the bear market is officially over, especially considering the fact that the BTC price has gained 82% year to date.

Read more and earn crypto for free

This weekend #Bitcoin Ordinals innoscriptions crossed 1 million, generating over $4.8 million in tx fees for the network. - link

Bitcoin dominance jumps to its highest point in almost two years. The bitcoin dominance is 47.6%. - link

Kaiko Data's Conor Ryder ranked the top 30 tokens by liquidity, exposing the ones with a misleading market cap. - link

In Q1 2023, investments in blockchain gaming and metaverse projects surged by 12.95% to reach $739 million — link

#Bitcoin spikes as inflation cools 📈

Long-awaited Consumer Price Index figures from the U.S. have landed. Inflation during March came in at 5% — slightly less than the 5.1% economists forecast. While still above the target rate of 2%, this is their lowest level in two years. All of this will fuel analyst expectations that the Federal Reserve is going to slow the pace of interest rate hikes. Source

For now the parameters are as follows:

Long Bitcoin above 30906.86.

Long Ethereum above 2015.66.

Market depending on the parameters of the upper weekly Bollinger band. If there is no break in this parameter, a small correction may occur. 👍🏻