🥱4/25 Midday Bitcoin Market Outlook



Bitcoin is currently stuck in an extremely narrow range, trading sideways within a flag pattern all day, with bulls and bears at a standstill and very little volatility. On Saturday, the sideways trend is likely to continue; once a breakout occurs, there will be significant room for movement.
• Range of fluctuation: 77,473—78,463, currently just oscillating back and forth.

Trading suggestions: (based on volume confirmation)
Break above 77,726 with volume, go long on the right side; set stop-loss below the breakout level.
Break below 77,284 with volume, and if a rebound fails to recover, go short on the right side; set stop-loss above the breakdown level.
• Hourly chart: stabilize above 77,726 → 78,489 → 79,415; if unable to hold, no trend.
• 4-hour chart: break below 77,386 → 76,175 → 74,916.
$BTC
#加密市场行情震荡
BTC0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin