4-9 Bitcoin Analysis:
Yesterday, the big cake broke through the daily triangle pattern strongly, but did not hit a new high, but began to fall back at 729. So there is a potential rise exhaustion situation. We need to pay attention to whether it can continue to break the previous high in the future, and observe the price of the big cake after the breakthrough. Step back to the edge of the triangle.
If the rebound after the step-back test cannot break through the 71,500 position, it will easily fall back again. Once it falls back again, it means that the triangle breakthrough is a false breakthrough, because the current strength of the rise is not strong. Generally speaking, the rebound after the breakthrough test can continue to hit a high point, then it can be considered a successful breakthrough, #btc