Bitcoin don rise about ~12% for April as S&P hit record; PCE and 21-week EMA dey under focus

Bitcoin (BTC) climb almost 12% for April, close around $77,500 as people dey ready take more risk for market. US stocks rise as tech companies report strong earnings, S&P 500 touch record near 7,220. Even if e close small lower dat day, the move show say investors get wide confidence. But inflation still be main thing wey fit change matter. March PCE show 3.5% (highest since Aug 2023), make people dey focus on the Fed preferred inflation gauge and dey sensitive to future prints. Risk assets, including crypto, still hold up. For traders, the rally never yet "cleanly confirmed." Even though Bitcoin don up about 11.9% for the month, the article talk say BTC never consistently reclaim the 21-week EMA. Analyst Rekt Capital warn say if e no hold above the 21-week EMA on a weekly close, e fit turn to strong rejection. Dem mention say a retest around mid-$60,000 area fit be possible confirmation step. Key takeaway for Bitcoin traders: momentum strong, but confirmation likely need weekly acceptance above the 21-week EMA plus manageable macro inflation risk.