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BTC bottom wedge pattern ▏Trading Notes 2024-4-23

CN
交易筆記
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1 year ago
AI summarizes in 5 seconds.

BTC-1-hour pattern, ascending wedge formation, accumulating power, rebounding three times from the 60K price, BTC surged to 67K but still unable to form a reversal. We are working hard to deal with the emotional fluctuations caused by the reduction in production, waiting for the price to correct. Let's see if the retracement can hold above 65K, and once the price stabilizes, we will quickly see a reversal to 71K.

BTC's overall market value has already accounted for 55.3% of the total cryptocurrency funds and still maintains an upward trend.

ETH-Daily chart, flag-shaped pattern consolidation. The approval of the ETF in May, combined with the market situation, can drive ETH's upward movement, with a potential upside of around 15%.

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