April 3rd, Bitcoin Midday Public Strategy



On the 15-minute chart, after Bitcoin's price sharply dropped from 68,639, it formed a bottom in the 65,600-66,000 range, then began to fluctuate and rebound. Currently, it has stabilized above the 67,000 level, with the MACD forming a bullish crossover upward, and RSI rising to around 55. Short-term buying momentum is initially emerging, but insufficient volume limits the height of the rebound.

On the 4-hour chart, Bitcoin remains in a wide-range consolidation between 65,500 and 68,500. The middle band of the Bollinger Bands around 67,200 provides short-term resistance. The moving averages are converging and flattening, with no clear trend direction, indicating a correction after a decline.

Trading suggestion: Wait for a pullback to the 66,300-65,800 range to enter long positions, targeting 67,200-67,800.
BTC-0,33%
ETH-0,49%
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