Market analysis on April 8:
Today, BTC has formed a long trend as I said yesterday. Today, BTC reached the highest point of 70326 in the early morning. Everyone should be more concerned about the trend in the later period. Lao Deng looked at the capital data for the whole day. The funds still flowed in throughout the day. Now the focus is on whether it can stand firm at 70,000 points. If it stands firm at 70,000 points, it will continue to climb upward.
The international situation is severe, which is also an important factor affecting the trend of BTC. The domestic economy of the United States has been sluggish because of the war with Russia and the tense situation in the Red Sea. Therefore, BTC can only slow down the domestic economic situation by rising continuously📈!
From various factors, there may be a wave of upward pins in the later trend, and then go down to short. See clearly that I am talking about probes, not stable trends, so Lao Deng’s strategy is to connect the pins and short at 71,500 to 72,000. This wave of pins can only be short-term because the situation is still unclear. Those who followed Lao Deng to go long at 66,000 should have earned 4,000 points, and the profit margin should be 300%. There may be fewer orders in the later articles, mainly to talk about the specific data in the family!
(Follow Lao Deng, Lao Deng will post a statement in time if there are later data changes)
