Analysis of BTC on April 16:
Yesterday, the price of Bitcoin woke up and briefly repaired the rise, with the highest price rising to around 66880. It began to fall again in the early morning today, with the lowest price falling to around 62250. It is currently slightly rising to around 63380!
Trend: The current trend is really like being a dog! However, the decline has begun to slow down, and the decline has been narrowed. In the six-hour period, the price has tested the bottom again, and has begun to test the space below many times. The rebound is not very strong. Although the Hong Kong spot ETF has passed, the funds will not enter until they are adjusted. In addition, the upcoming BTC halving will also delay the timing of the entry of funds. Although it has fallen, it is moving in a good direction overall!
Suggestions for intraday operations: low and long, don’t have a pattern, sell first when you make money, and start bottoming out in spot warehouses!
