$BTC Today is April 7, 2025. Let's briefly analyze the trend of Bitcoin:

I have mentioned before that Bitcoin is in a downward trend. Even without tariff issues, there will be other unfavorable black swan events.

So, many people might wonder, where will Bitcoin ultimately drop to? I would say that Bitcoin will drop to the vicinity of the big trader's holding cost, which is near the support platform of the candlestick pattern. That is the 68000--72000 area. I designate this as a significant support area for Bitcoin! Friends trading contracts can set limit buy orders around 74500, 73300, and keep adjusting as needed, but be sure to set stop-loss! Take profit as you wish.

Of course, Bitcoin may not reach this area, which would indicate that its support is quite strong.

However, if it drops to around 70000 points, that would be an ideal position for us to gradually increase our holdings, and we can consider increasing our position size accordingly. Friends trading spot can consider a larger position.

Whether it can reach that point and whether it can hold there, let's wait and see.

The above is purely personal opinion and for reference only!