4-12 Bitcoin analysis:
Why do we care about the big pie? From the market perspective, the market has broken through the triangle convergence pattern and has stepped back. Moreover, from the daily perspective, the lows of the market are constantly rising, so the overall trend is still bullish.
Another point is that the halving time is coming soon. Currently, the market has been fluctuating on the edge of the triangle shape. The price has not yet broken through the 71,500 position. Therefore, the market may surge upward before the halving. This is good news but bad news.
In any case, we can mainly focus on stepping back to buy long. Since we are long, the halving time is around the corner. A profit-taking point for long orders is around 73,000. It is not certain whether we can break through to new highs. If we cannot reach a new high, If it reaches a new high, the possibility of continued decline will increase, so it is better to stop the trend in batches #BTC