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Cryptocurrency News Video

4.20 Bitcoin trend analysis: Bitcoin halving day, the needle was inserted down to around 60,000 yesterday, long positions have been added in batches, and the mid-term plan is to hold it to a new high (Bitcoin price trend pred

Apr 20, 2024 at 07:50 pm 比特幣軍長

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

4.20 Today’s Bitcoin price trend: In the past two Bitcoin halvings, there was a downward pin-down process within 24 hours of the halving, with an amplitude of about 6% to 7%. Based on yesterday’s analysis, we expect Bitcoin to drop in the range of 60,000 to 59,000. Yesterday during the day, Bitcoin did insert six or seven points below the expected target area to around 60,000. We chose to continue to increase our positions and go long.

At present, we have placed multiple orders in three times and plan to hold them in the midline. As long as it does not break downwards, our goal is to break through a new high of 73,000. Bitcoin’s trend is more complicated than expected. Although it was said before that it should at least be better than ABC, in fact it inserted three lows, forming a terminal flag shape. After breaking through the flag pattern, partners who do not have enough positions can continue to add long orders and continue to look for an upward breakthrough.

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