Analysts update multiple long-term bottom indicators for Bitcoin, suggesting to start accumulating positions from $63,000 in batches

ME News message. On April 6 (UTC+8), analyst Alicharts updated multiple long-term bottom indicator signals for Bitcoin to reference potential bottom levels. Key support levels include approximately $63,111 shown by URPD, the nearly 10-year trendline at $56,000-$60,000, the CVDD structural bottom at $47,960, and the MVRV 0.8 extreme pain zone at $43,647. Alicharts advises investors to diversify funds into areas such as $63,000 to $36,000, rather than precisely predicting a single bottom. At present, the market is mostly in a wait-and-see or distribution phase, which is suitable for positioning for a macro rebound. (Source: ChainCatcher)