The trend of BTC is as expected, just as deduced in the previous articles, the 4-hour level triple buying trend is growing upwards, and it has successfully risen above 70,000 points. From the upward momentum, after a period of consolidation, breaking the new high is basically a foregone conclusion.

First, let's review the analysis and strategies made by this account recently:

• On March 20, when the market was in the most panic during the continuous decline of BTC, it was suggested that the decline was nearing its end, and it was recommended to gradually bottom fish when there was a trend divergence at 61,000 points on the 5-minute level.
• On the 21st, it was explicitly stated that the 4-hour triple buying had been completed, and it was expected that there would be an upward rebound on the 4-hour level, making a breakthrough to form a new high trend.
• On the 22nd, it was suggested that there was a mid-term bottom fishing opportunity in the 30-minute double buying of ETH.
• On the 23rd, in the early morning when BTC was at 63,000 points and ETH was at 3,300 points, it was precisely suggested in the community to seize the opportunity to enter the right side of the 30-minute double buying.

The analysis, deduction, and strategies made by this account are all based on precise technical analysis, "structure is king, indicators are secondary," abandoning all greed, caution, doubt, and slowness, the power of structure is fully demonstrated!

Returning to the current market situation, BTC is once again approaching its historical high, and breaking the new high is within reach. The key is, what to do after breaking the new high?

Here, this account boldly makes a prediction and deduces from the daily chart at a large time frame. After BTC breaks the new high again, it will habitually extend upwards, and the high point will probably be between 75,000 and 80,000. It is expected that after the halving of BTC, there will be a wave of downward retracement at the daily level. This big retracement will bloody cleanse the market of speculative positions, delivering a fatal blow to those who chase the high, completing a round of harvesting. Subsequently, a daily level triple buying will appear at the most panic moment in the market, and it will quickly break through to above $100,000.

Our response strategy is to gradually reduce holdings when the bullish momentum weakens after BTC breaks the historical high, i.e., when there is a selling point at the secondary or tertiary level divergence at the daily level. Then patiently wait for a downward retracement at the daily level to appear, and once again gradually bottom fish, and this time, it will be the lowest cost bottom fishing opportunity before the climax of the bull market!

The above analysis is essentially a subjective prediction, and there may be deviations. We will wait and see if the actual trend will unfold as predicted in the future.

If you are interested in the technical analysis method mentioned in the article and want to obtain learning materials, watch public live broadcasts, participate in offline training camps, and improve your trading skills using this method to achieve a stable profit goal, you can scan the code to follow the public account and add the WeChat account to join the study group!

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