Morning Thoughts on April 9
After reviewing the evening market, Bitcoin has descended as expected to around 76,200 and is currently trading around 76,400. Ethereum also descended as expected to around 1,441 and is currently trading around 1,470.
The morning, midday, evening, and midnight thoughts provided yesterday have all reached their target positions! Bitcoin has a range of 4,900 points! Ethereum has a range of 150 points!
From the current 1-hour structure, Bitcoin is operating near the lower band of the Bollinger Bands, with KDJ moving upwards, MACD moving downwards, and volume decreasing.
Morning Personal Advice
Bitcoin is expected to rebound to around 76,600-77,200, while looking towards 75,800-75,000!
Ethereum is expected to rebound to around 1,490-1,520, while looking towards 1,450-1,430!