4·29 Latest BTC Analysis

The road to success is destined to be lonely, and reverse trading is bound to be questioned! The only way to prove whether you are right or wrong is through time and results, nothing else.

Yesterday, the Bitcoin market showed a four-hour range oscillation pattern in the evening, with prices facing resistance around 95600 and falling, hitting a low of 93300 at the lower boundary before stopping the decline. By today’s daytime, the price has returned above 95000, continuing the range oscillation pattern. The overall trend is similar to what I mentioned in my live broadcast yesterday.

In the four-hour level, as shown in the chart, the Bollinger Bands are presenting a parallel state with a narrowing upward trend, and the support below is continuously rising. In the short term, if the price does not break the range, we can look for a bearish trend around the upper 95500 and a bullish trend around the lower 93400. This point is the upper and lower boundary of the four-hour level, with a range of 1500-1800 points.

Whether short or long, as the saying goes, a good cat is one that catches mice, regardless of whether it is white or black. Without further ado, let’s wait and prepare to set off✈️

Follow the public account, to relieve worries, only Jiang Wei can help.

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