BTC price bounces at support that fueled 2023 bull market

Bitcoin realized price support makes a fresh appearance to continue a classic bull market trend — can BTC price strength escape a historically short correction?

Bitcoin (BTC) may see a break from selling pressure thanks to traders’ profit margins hitting “basically zero.”

In analysis uploaded to X (formerly Twitter) on April 18, Julio Moreno, head of research at on-chain analytics platform CryptoQuant, flagged a possible turning point in Bitcoin price downside.

Bitcoin and crypto traders have been punished by a week of BTC price drops, but a key reset is in the making.

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