April 4th Morning Bitcoin Outlook: Weekend Range Bound, Buy Low and Sell High Within the Range!


Happy weekend everyone! Currently, Bitcoin's four-hour chart shows it being heavily pressured at around 67,500. Several attempts to push higher have failed to hold, indicating heavy selling pressure above.
All moving averages across different timeframes are still tightly clustered and oscillating, while the MACD bullish momentum is weakening, and the rebound lacks sustainability. Until a volume breakout occurs, the overall trend is likely to remain under pressure at high levels, moving sideways downward.
Since it's the weekend, just trade within the range!
Between 67,500 and 66,000, buy low and sell high,
Take profits and exit, don’t be greedy, don’t hold on blindly, and take profits when the time is right. $BTC #Gate广场四月发帖挑战
BTC0.16%
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