4.16 Bitcoin has pulled back again! Is this an opportunity to get on board at a lower price? Do you want to get on board?
Bitcoin just rebounded to around 6,600, but it started to fall again in the early morning and fell back to 62,000, which is considered to be back to the starting point. It seems that the trend of continuous rebound is still difficult to maintain.
So my view yesterday was that the price would be supported at the bottom of the daily level of the oscillation range, and then began to rebound. The price will finally break through this box and usher in a surge in the market, which is an expectation for the Bitcoin halving market, because there are only a few days away from the historic Bitcoin halving.
Then today I still think that the price will continue to support it, but now the short-term price has given a pullback and has come to a lower price.
From an hour point of view, the current price has stepped back to the support point near 62,000. The current situation is temporarily stable, but there is no obvious rebound trend, so the winning rate of entering the market now may not be very high. The price still has the opportunity to continue to break down, and even to the support near 60,000, which is possible.
Of course, there are some advantages to entering the market now, that is, you can buy at a lower price. If you wait until the price confirms the support rebound before entering the market, the price will be very high. However, Bitcoin has been falling in the past few days, and you are not sure whether Bitcoin will rise when it is halved. Then you can continue to wait for the price to break through.
Because I think the price may go out of a box trend at this bottom, a small shock range, and enter the market after the price breaks through the range, then the trend will be more certain. Then how to enter the market depends on your choice. If you believe that Bitcoin will definitely usher in a surge after halving, then you can try to enter the market now. If the price breaks down to around 60,000, you still have to try again.
That is to say, if you enter the market in advance, the possibility of failure is very high. You have to try to enter the market twice at the support level, otherwise you will lose the advantage of entering the market in advance. Then I personally suggest that novices wait for a clear breakthrough signal before entering the market, because once the early entry fails, novices may not adjust their mentality quickly, resulting in failure to abide by the discipline of trading, and then operate recklessly, and finally get angry and go against the market and blow up.
