April 23 #BTC走势分析


Be cautious of false breakout risks with Bitcoin; the current trend is a typical trap for retail investors, breaking through the key trend line, and the channel line creating a false impression of a bull market, which is actually a shakeout of short positions.
Yesterday's news stimulus caused a rally and a new high. Some say it's a bull return, while others ask why I am still shorting.
The presence of opposing voices indicates that some are pushing a fake rally to chase longs.
The market may start to genuinely decline now.
The first support level below is 76,500; a break below could end the bullish trend, and a break below 73,500 would confirm the end of the bull and a return to a downtrend.
BTC0.32%
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