#BTC 4.13 Morning Bitcoin Analysis and Strategy

The fairest place in the market is, the more disciplined you are, the freer you are. Looking back to early morning: Bitcoin started a short-term upward trend from a low of 70,816, but couldn't resist the influence of old Trump’s manipulation, lacking upward momentum, fluctuating around the 70,800-71,000 range. At 5 a.m., it reached today's high of 71,423, then a new round of decline followed, dropping to a low of 70,748.

The previous bearish flag pattern for Bitcoin has already broken down. Although there has been some correction, it still holds the support below at 70,000, temporarily stopping the decline, with narrow fluctuations between 70,500 and 70,900. As long as 70,000 holds, the decline won't expand. If it effectively breaks below, it will continue to test the support zones at 69,584–68,262. For Bitcoin to rebound, it must first break above 71,500, then aim to test 72,398. Breaking through 72,398 would allow it to re-enter the flag pattern and continue to target higher at 73,259. If it cannot hold above 71,500, the 70,000 support below is unlikely to hold either.

4.13 Morning Bitcoin Trading Strategy:
- Break above 71,500 with volume and hold steady, pursue long positions on the right side to catch rebounds.
- Break below 70,300 with volume and fail to recover, pursue short positions on the right side.
- Strictly set stop-loss orders.
- Hourly level: Hold above 71,500, target 72,398–73,259 overhead.
- 4-hour level: Break below 70,300, target 69,258–68,262 below.