4.14 Bitcoin Strategy


Currently forming a small double top/head and shoulders pattern near 74,000, breaking below EMA7/15 indicates a shift from bullish to bearish;
MACD bearish crossover with increasing green bars, Bollinger upper band pulling back and closing, indicating the end of the short squeeze;
Combined with high contract fees, long profit-taking and liquidation risks are rising, short-term bias is bearish.
Bitcoin:
Light positions entered in the 73,500–74,500 range
Target towards 71,500–72,000
$BTC
BTC-1,76%
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