Bitcoin managed to rebound swiftly from the February low at $60,000, posting gains for two consecutive months. This prompted some analysts to speculate that the cycle\u2019s low is already in and that BTC won\u2019t go below $60,000.<\/p>\n
Others were even more optimistic, suggesting that the real bull market might be close to commencing, while Ali Martinez outlined the most important levels for BTC going forward.<\/p>\n
The monthly candle closure for April showed<\/a> that bitcoin had charted its biggest 30-day increase in about a year, gaining almost 12%. Nevertheless, the broader scale still shows that the asset has been trapped within a consolidation phase between $65,000 and $80,000 for the past couple of months.<\/p>\n Ali Martinez said the market is seeing \u201csignificant clusters of orders building up,\u201d making them the \u201cmost important levels to watch for larger-scale liquidation events.\u201d<\/p>\n The overhead barrier is at $80,000, a level not seen since early February. It serves as the primary psychological and technical ceiling, and there\u2019s a \u201cmassive wall of short-side liquidity\u201d there. If BTC pushes through it, $84,000 is likely to be reached rapidly. If that resistance holds, as it has during the past couple of breakout attempts, bitcoin could find its way slipping to lower liquidity pools at $75,000, $73,000, or even $70,000.<\/p>\n \u201cThe market is currently in a tug-of-war phase. Watch these levels closely; a decisive daily close outside of this $75,000 \u2013 $80,000 range will likely define the trend for the rest of the month,\u201d advised<\/a> Martinez.<\/p>\n<\/blockquote>\n Meanwhile, fellow analyst CW said BTC is close to entering the rainbow\u2019s green zone within 1-2 weeks, which would suggest the start of a \u2018real bull market.\u2019 They believe there hasn\u2019t been a \u2018real\u2019 rally in this cycle, but it could be right around the corner.<\/p>\n It appears that $BTC<\/a> will re-enter the green zone within 1-2 weeks.<\/p>\n Enter to a real bull market is very close.<\/p>\n The rally that follows is the real bull rally of this cycle. There has been no real rally in this cycle. pic.twitter.com\/69reNt6oZ1<\/a><\/p>\n \u2014 CW (@CW8900) May 3, 2026<\/a><\/p>\n<\/blockquote>\n Crypto Rover outlined a different perspective, basing his bearish view on the narrative that BTC is still in a bear market and it has never closed three consecutive months in the green in such conditions.<\/p>\n In two of the three major previous such instances, 2014 and 2022, bitcoin had two months in a row in the green, but the third one was quite a painful rejection, including a 17% drop in April 2022. The analyst predicted that \u201cthis time likely won\u2019t be different,\u201d which could prove the old saying true, \u2018sell in May and go away.\u2019<\/p>\n $BTC<\/a> HAS NEVER CLOSED 3 CONSECUTIVE MONTHS IN THE GREEN DURING A BEAR MARKET YEAR<\/p>\n (2014, 2018, 2022).<\/p>\n It has NEVER happened.<\/p>\n This time likely won\u2019t be different.<\/p>\n Bearish for Bitcoin. pic.twitter.com\/8iRfISt95C<\/a><\/p>\n \u2014 Crypto Rover (@cryptorover) May 2, 2026<\/a><\/p>\n<\/blockquote>\n The post Bitcoin Set for Green Zone Entry? Analysts Identify Must-Watch Levels<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin managed to rebound swiftly from the February low at $60,000, posting gains for two consecutive months. This prompted some analysts to speculate that the cycle\u2019s low is already in and that BTC won\u2019t go below $60,000. Others were even more optimistic, suggesting that the real bull market might be close to commencing, while Ali […]<\/p>\n","protected":false},"author":1,"featured_media":42087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\n\n
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Or Maybe Not<\/h2>\n
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