Jiang Wei Analysis: The trend of the April Bitcoin will continue to maintain a volatile pattern, with bears likely to dominate.

CN
2 days ago

Some are running, some are sleeping. Some are grateful, some are complaining. Those with goals can't sleep, while those without goals can't wake up. Effort is the attitude that life should have. Opening your eyes is a new beginning! Hello, April. Next, we will continue to embark on the journey to earn U.

Yesterday, the price of Bitcoin continued to fluctuate at a low level. In actual trading, the rebound is a short opportunity, continuing to harvest several waves of over a thousand points, truly a fighter on the road to doubling. The current price is fluctuating around 83,300, and there is a rebound trend in the short term; this rebound is an opportunity to go short.

On the four-hour level, the Bollinger Bands are in a state of narrowing downwards, with the upper space continuously tightening and the upper band pressing down. The price has currently broken through the middle band, and the MACD shows bullish volume, but it is in a hollow column, indicating a lack of bullish momentum. Although there is a rebound, the strength is insufficient, so it is better to go short on the rebound.

It is recommended to look for short positions in batches around the 84,000-84,500 area, targeting the 81,200 level. If broken, look at the 76,800 level. The points are for reference only.

Follow the public account, so you won't get lost. What can relieve worries? Only Jiang Wei.

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