81453379677 Currently still in a downtrend, the price is below the 3 EMA lines on the daily chart and has approached the channel + upper EMA several times but has always been rejected.

The weekly W candle last week + the daily D candle on April 2nd closed quite poorly, so further monitoring is needed. If only looking at technical analysis, the possibility of a drop to sweep the bottom again is there, with levels at 75k, around the old peak of 72k or deeper at 6x.

It's just that currently the signals indicate a clear possibility of decline, almost everyone is looking down, the level around 70k - 6x will be a waiting area for many people to buy, so be careful of traps, not sure that the market makers will drive it back up.

The average purchase price of MicroStrategy has reached about $67k, if the price comes back to or below this price area, it will be a very clear opportunity for all parties. Besides Strategy, many governments, organizations, and companies are actively buying & holding Bitcoin (like Metaplanet, or recently GameStop, and many others are quietly accumulating without announcement). There are many factors like mining costs, circulating supply, market psychology,... I will explain in later posts, this is not the peak of this cycle yet.

The best current plan is to wait for a break retest or drop back to the old peak to Long up.

The retailers' psychology is naturally frustrated, desperate, and angry during this phase. Regardless of the circumstances, I will update the market situation as usual, follow me for the earliest market updates at tradecoinsignalsvn (free)