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$BTC 26.4.24 🏁Bitcoin Analysis🏁
Regarding the trend projection, there are indeed quite a few possibilities, so there's no need to say more!
Today is Friday again, there might be some small fluctuations, but also big opportunities! Will it continue above 83 or break below 69? In the coming days, let's look at a detailed analysis!
🚩Daily Chart:
The daily chart still shows a mid-term structure, and it still needs a drop at the 4H level to complete the daily mid-term structure. Without a daily mid-term structure, a big rally is impossible, and a bull market is unlikely! Be cautious that 79444 could be the top; if it forms a daily double sell, the downward force won't be small! Overall, the trend looks bearish in May and bullish in June!
🚩4H:
The 4H chart is incomplete, but the structure is perfect, and divergence has already appeared. The previously mentioned issue of the 3-buy points has been validated; continue to buy at the true 3-buy point, and that’s the reality! Pay attention to the completion of the 4H structure—once completed, a 4H-level decline will begin, expected to bottom out in mid to late May, with a 4H rally starting in June.
🚩30F:
From the bottom at 64, four 30F mid-term structures have formed, creating a trend! Currently, the fourth structure is oscillating; whether 79444 is the top depends on how this structure develops! The upward momentum of the previous 30F rally has already exhausted divergence, so this structure is very likely forming a top! Confirming whether to buy or sell will determine the next move!
💡Reminder:
In the next few days, expect mainly oscillations—observe more, act less! Whether it continues upward or downward, there must be structural support! Results will be seen on the 27th and 28th; wait for a more certain structure, and follow closely for updates in the group!
The trend is current, and everything operates within the structure; you can only be a market observer with insight!
This is just a record! (Opinions are for reference only and do not constitute investment advice!)
To stay updated on real-time structural dynamics, welcome to join the group—only open to followers!