4 April Bitcoin thoughts


Bitcoin in the early morning due to Federal Reserve rate decision hawkish attitude, the market directly dropped, falling to around 75,000, our bearish target from yesterday was safely reached.
After the decline, the rebound was very weak, the overall trend is very weak, now the market is completely dominated by bears, suppressing the market movement.
This time the Federal Reserve decision pushed the market’s rate cut expectations further back, bulls directly lost their momentum, the market was led by bears throughout, each slight rebound was met with resistance and fell back, unable to rise.
Now do not casually chase longs, the risk is very high, likely to continue weak oscillation downward, and test lower levels again.
Bitcoin:
Rebound to around 76,200, 76,700 directly short
First target is 74,800, if it breaks below this level, continue to watch around 73,500.
$BTC #BTC跌破67000關口
BTC1,35%
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