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🚨 BTC Opens New Monthly Candle – April Outlook 🚨
A new monthly candle has officially opened for #BTC — and this one matters.
After closing March with strong volatility, Bitcoin is now entering April at a critical structure zone. The higher timeframes are starting to show a clear battle between continuation and distribution.
📊 Technical Breakdown:
Monthly Structure:
BTC is still holding a bullish market structure as long as price remains above the key support zone around $65K – $67K. This area is acting as a strong demand base from previous consolidation.
Resistance Zone:
Immediate resistance sits around $69K – $71K. A clean breakout and monthly close above this region could open the path toward a new leg higher.
Momentum:
Momentum is slowing slightly after the last push, suggesting either: → A consolidation phase before continuation
→ Or a short-term correction to retest lower support
Liquidity Zones:
Liquidity is stacked both above $70K and below $65K — meaning volatility is highly likely this month.