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April 7th Bitcoin Analysis: $BTC Bitcoin yesterday nearly reached the key resistance level of 70,500 as mentioned by the analyst, but ultimately did not break through the most critical point. This morning, it rebounded around 68,100. Today’s market will depend on whether the resistance at 69,300 can be broken. If it can, there might be another wave of rebound, with a potential target of 69,900.
For potential support levels to watch for rebounds, consider 67,400 and 66,900. The overall daily chart suggests that the market will likely remain in a narrow range of oscillation. The breakout time is expected around mid-April. Patience is key—wait until mid-month to carefully determine the trend.