Analysis of BTC on April 15:
After two consecutive days of decline, the price of Bitcoin has fallen by $12,000. So far, the lowest price has fallen below the $60,000 mark, to around $59,600. It has now rebounded to $65,000!
Trend: After continuous decline, the overall daily line has fallen to the lower support position of the overall wedge trend channel. Although the pin has fallen, it has not broken through effectively. The support is still in effect! The desire to rebound after touching the support is not strong at present. From the perspective of the trend alone, it is also a good time to buy more at a low price. It will rebound after touching the support. At the same time, there are only more than four days before Bitcoin is halved. It is very likely to usher in a big outbreak during this period!
Daily operation suggestions: Buy more at a low price near 64,600, cover at 64,200, and lose if it falls below 63,800. The target is around 66,800-67,000.
