Despite a brief bullish move on the morning of April 25th, Bitcoin fails to regain the $40K mark. In the meantime, Dogecoin seems to be an early winner of ElonMusk’s potential acquisition of Twitter.
Popular Twitter account John Wick meanwhile voiced caution about making any trades up or down based on current price action.
"Waiting this out was a good decision. Still no viable long setup. We have not made lower lows though. Same range for now," he"There is however a squeeze forming. We’ll have to wait for the resolve of the breakout."Helping buck the shaky ground for tech stocks was Twitter, itself, which added 5% on the open after recieving news that executives were likely to accept Elon Musk's buyout bid.
"I think there's a lot of frustration everywhere in the world right now that's circulating about and you see that reflected on Twitter; this is indicative of that," MicroStrategy CEO Michael Saylor"It's a bit above my pay grade to determine how the entire chapter ends; it definitely makes for interesting watching."
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