April 7 Bitcoin Early Morning Public Strategy

From the 15-minute cycle trend, Bitcoin’s price has completed a “sharp drop from a high level—volume contraction for repair” pattern. Currently, it is in a consolidation-and-repair phase after the decline, and the technical indicators show a clear oversold rebound signal.

On the 15-minute level, the short-term moving averages are in a bearish alignment. The price has rebounded below the MA10; the 69,200 level forms short-term moving-average resistance. If it cannot effectively break above this level, the rebound momentum may quickly fade. If it breaks above MA10, the next stage will test the MA20 resistance (around 69,500). A turn-up of the moving averages will confirm the short-term rebound trend.

Trading suggestion: Place buy orders on a pullback in the 68,200-68,500 range, targeting 69,200-70,000

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