Analysis: Bitcoin may see consolidation in April and May as selling pressure drops
Bitcoin’s selling pressure has fallen sharply, suggesting a period of consolidation through April and May. 
On a Apr. 1 post on X, CryptoQuant analyst Axel Adler Jr. noted that daily selling volume on major exchanges has dropped from 81,000 Bitcoin Bitcoin
btc
2.38%
Bitcoin to 29,000 BTC. Following this decline, the asset may enter a supply shortage phase with less sellers and consistent demand, setting the stage for the next Bitcoin price movement.