4.29 Bitcoin midday market analysis:
4-hour chart shows that the price of Bitcoin continues to fluctuate downward to test the bottom support. At present, the Bollinger Bands are shrinking and moving downward. The price continues to test downward near the lower track of 62500, and there are signs of seeking a downward breakthrough. Overall, the bears have been very weak in the downward trend. Now the price continues to fluctuate at the bottom. After hitting the bottom, it will inevitably rebound. The operation idea is to maintain the callback and borrow more. The general direction is firmly optimistic about the bulls and wait patiently for the market to explode. Real-time guidance: btc0798
Bitcoin operation suggestions:
62000-62500 long, target 65500-67500 stop loss 61500
It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can consult on the bus.
