April 19

Daily Analysis

At the beginning of this week, we actually expected a pullback to a new low of 74,000 to catch a bottom. However, since yesterday, many altcoins have clearly experienced a rebound, indicating that some 'whales' of these altcoins do not believe Bitcoin will continue to drop!

The market is currently in a state of 'panic', and retail investors are quite 'anxious', but we can see through the 'global liquidation chart' that the whales are still aggressively going long~ (their liquidation point is at 83,500!) The key liquidity level below is at 84,000.

Overall, Bitcoin is definitely at a point where we can start building positions in batches, as many altcoins have already dropped over 80% from their previous peaks, so catching a bottom should not be a big problem~

The weekend market is likely to sweep the liquidity below before launching an attack. Even if a rebound occurs now, it will not be lasting, and it will still continue to pull back. After the consolidation ends, BTC will ultimately welcome a breakout! However, we need to pay attention to the 'gold pits' of altcoins during the pullback! Be ready to catch a bottom at any time!!! 😁😁😁😁😁😁#BTC走势分析 #山寨