4.16 Today’s Bitcoin price trend: Bitcoin’s rebound has not formed an upward trend structure, the possibility of bottoming out is reduced, and the possibility of a pen kill increases; be prepared for a second drop to the 59-5

What is the trend of Bitcoin today? What is the Bitcoin prediction?

4.16 Bitcoin price today: Bitcoin is currently hovering around 63,000. After the end of the range from 73,000 to 60,000, the overall trend is expected to resume upward.

There are currently two shock situations: one is when a bottom is formed and rises directly; the other is when it continues to fall and then rises. Bitcoin's rebound has not formed an upward trend structure, the possibility of bottoming out has decreased, and the possibility of a pen-down increase has increased; be prepared for a second dip to the second target of 59,000~56,000.

There are still 4 days left until the Bitcoin halving. The market value of Grayscale outflows has decreased, and the market value of ETFs is also flowing out, so we need to remain cautious.

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