$BTC Crypto Circle Academician: What Bitcoin Taught Me on 3.28: In the Face of Trends, Emotions Are Worthless! Latest Market Analysis and Strategy Reference



Bitcoin current price is 66,000. Recently, many crypto friends have told me that this wave of Bitcoin volatility has shattered their mindset. Actually, there's no need to worry. The market never explains itself; it only shows you who is right or wrong through its movements. I signaled a trend reversal from 73,600, looking from north to south, and now at 65,870, I’ve taken profits. It’s not because I’m a genius, but because I’m willing to spend time analyzing the structure and waiting for signals. Take it slow, don’t rush. Trading is a marathon, not a 100-meter dash! The trend is still ongoing. I will share my key levels and entry strategies with friends who follow me without reservation.

Breaking down the daily K-line, Bitcoin’s decline has long been predictable: after dropping from 75,998, all short-term moving averages started trending downward, pressing the price down tightly; the MACD indicator also shifted from red to green, with green bars growing longer, indicating that the downward momentum is still strengthening. Now, the price has broken below 66,000, with 70,000 turning into a strong resistance. The first support below is at 65,000 to 66,000. If this level is lost, the price will continue south to test the year's lowest point.

On the four-hour chart, Bitcoin has broken below the support of the converging triangle’s lower boundary at 69,000, confirming a downward breakout, with the trend fully pointing south. The price is under the pressure of the MA20 and MA30 moving averages, forming a downward arrangement in the short term; after the MACD death cross, the green bars continue to expand, with DIF and DEA moving downward in sync, indicating sufficient downward momentum. The Bollinger Bands are opening downward, and the price is running along the lower band. The downtrend is clear. Don’t ask whether to bottom fish now; the dominance is downward. Rebounds are opportunities to continue south!

Short-term strategy reference: Follow the larger cycle trend, with quick stops and quick entries/exits.

(Alternative) Buy in batches at 65,000 to 66,000 with a stop loss at 64,800, targeting 67,000 to 68,000—cautiously buy on dips.

Above 67,000 to 68,000, the trend is downward; stop loss at 68,500; target 65,000 to 66,000. If broken, look at 60,000.

The crypto world has always been about the early birds eating the meat, the latecomers drinking the soup, and the unaware taking the bait.

For specific operations, rely mainly on real-time market data. For more information, feel free to contact me. Articles are published with some delay; please consider this for reference and bear the risks. ‌#比特币震荡走弱
BTC-3,63%
View Original
post-image
post-image
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
Abraham786vip
· 3h ago
Bull Run 🐂
Reply0
Abraham786vip
· 3h ago
long
Reply0
  • Pin