4.2 Bitcoin Morning Latest Market Update: Reviewing last night's early morning Bitcoin price, which rose to around 69,100 before rebounding and falling back, with a low of around 68,000. Our strategy provided yesterday evening has been validated again. Currently, the coin price is fluctuating around 68,200.



From the four-hour chart, the price is moving within a downward oscillating channel. Although the bearish momentum is ongoing, it is being released gradually, showing a stepwise slow decline pattern. The moving average system is also weak and trending downward. In the short term, the market remains in a phase of oscillating decline and repeated bottoming. The bullish and bearish forces are continuously shifting, and the market atmosphere is highly volatile. Overall, the market is under significant pressure, with limited rebound momentum. The price struggles to stabilize at high levels and may continue to decline further. The bottoming process is inherently tortuous and requires time to gradually digest, so subsequent operations should mainly focus on shorting at high levels.

Trading suggestion: Short around 68,800. Target around 67,200. #四月行情预测
BTC-1,02%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin