Coin World Report: Cryptocurrency expert Dylan LeClair has analyzed the price of Bitcoin and predicts that it will continue to rise to $70,000-75,000. He believes that Bitcoin is unlikely to fall to $50,000 because of the current support level and the lack of a sudden bubble in the derivatives market. In addition, on April 5th, BlackRock updated the prospectus for Bitcoin exchange-traded funds, adding new authorized participants, indicating an increase in trust and investor demand.

Market Analysis:

BTC: On the 4-hour chart, the price remains above the Bollinger Band midline, with the trend still healthy, but constrained by the upper Bollinger Band, so the market remains mainly volatile.

On the daily chart, the price continues to stay above the moving average support, with the trend still healthy.

In summary, the support level is at 69,000 and the resistance level is at 69,500.

ETH: On the 4-hour chart, the price continues to stay above the Bollinger Band midline, with the trend still healthy, support level at 3370, and resistance level at 3400.

LTC: The price continues to stay above the Bollinger Band midline, with the trend still healthy, support level at 100, and resistance level at 110.

BCH: The price continues to stay above the Bollinger Band midline, with the trend still healthy, support level at 670, and resistance level at 690.

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