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Market analysis
Flatbread yesterday hourly level after the bottom divergence rebounded as scheduled, 69000 pressure was blocked and fell, the daily structure closed in the negative, from the weekly pattern to see the pie in this consolidation will continue, the current 4-hour structure is still in a weak shock market, the bulls here did not appear to be a sign of volume, now tomorrow two days bulls do not force to stand firm above the 69700-70000 pressure level, the market will continue to bottom out and a high probability of falling below the 64540 previous low, when the pie again a new low indicator is expected to form a double bottom divergence pattern, then the market will usher in a round of strong rebound, according to the prompt point on the car。
In the consolidation stage, the market sentiment is more anxious, and it is recommended that everyone reduce the frequency of operations, adjust their mentality to relax their nervous mood, and wait for the opportunity to appear to meet the start of the second phase of the bull market
BTC:
Pressure level: 69800/72350/77500
Support: 64600/62600/61600
Ether:
Pressure level: 3650/3820/3950
Support levels: 3380/3250/3130

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Hi Guys,

Trade is In $BOME

After Breakout it is pumped 23% at the time of writing.

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⚡️ **What's Next for Bitcoin?** ❓
📉 Today, #Bitcoin is experiencing a slight dip of around 3%. The price briefly tested below $67K, prompting weekend warriors to seize the opportunity for some buying action. Naturally, other #cryptos are feeling the effects too.

💡Yesterday, Bitcoin attempted to consolidate below the critical $68K level but fell short. Today marks attempt number 2️⃣. Additionally, a three crows pattern is visible on the 1D timeframe, with the 100MA on the 4h timeframe under scrutiny.

❓So, what lies ahead for #BTC? Is this the end of its growth? While the three crows pattern in technical analysis often signals a trend change, its recent accuracy has been questionable. Moreover, it's an oversold pattern typically followed by a green candle. Notably, after a similar pattern in late February, Bitcoin embarked on a strong upward movement. The 100MA on the 4h timeframe has also proven to be a reliable support level since early February.

📊The current outlook is somewhat ambiguous. On one hand, there are solid support levels and the opportunity to buy at a discount. Bitcoin has a tendency to fake breakdowns before rallying during its uptrend cycles. On the other hand, decreasing spot ETF inflows, rising inflation, and the relentless climb from $43K suggest a correction may be looming.

🤔A daily close below $68K could trigger further decline to levels around $65K and $59K-$60K. However, the absence of institutional traders on weekends and the potential for false breaks must be considered. Conversely, a daily close above $68K would signal bullish momentum, possibly leading to growth on Monday.

🙏As always, in crypto, there are no guarantees. It's prudent to periodically take profits and manage risks.

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Trade wisely,
Stay safe!
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How long the average bull market lasts.

Answer: As much as investors would like the answer to this question to be "forever," bull markets tend to run for just under four years. The average bull market duration, since 1932, is 3.8 years, according to market research firm InvesTech Research.

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Hold tight your assets as of April, the upcoming BTC halving is nearing. Be prepared for the big wave is coming.📣📣📣

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