The war has ceased, how will the cryptocurrency market trend after a surge
The ceasefire has been established, and Bitcoin (BTC) has surged
Today is Thursday, April 9th, and this week is a week of favorable conditions following the ceasefire
Let's take a look at the weekly chart and get straight to the conclusion:
This week is the week of the US-Iran ceasefire, a week of significant benefits,
With various positive factors combined, BTC has a bullish trend this week
The bullish trend for this week is shown in Figure 1, and for BTC to be a bullish candle, the price needs to be 69000+, and for ETH to be a bullish candle, the price needs to be 2100+, thus BTC is close to 69000 for a long position.
ETH is close to 2100 for a long position, with a very high risk-reward ratio.
The bullish target for Bitcoin (BTC) is 73000-75000.
Technical summary of the market trend:
This week is a week of favorable conditions following the ceasefire, with BTC showing a bullish trend on the weekly chart, requiring a bullish price above 69000, aiming for 73000-75000 near 69000 for a long position.
It has been two weeks since the ceasefire, and now it's the first week, so make sure to seize the opportunity.
The ceasefire has been established, and Bitcoin (BTC) has surged
Today is Thursday, April 9th, and this week is a week of favorable conditions following the ceasefire
Let's take a look at the weekly chart and get straight to the conclusion:
This week is the week of the US-Iran ceasefire, a week of significant benefits,
With various positive factors combined, BTC has a bullish trend this week
The bullish trend for this week is shown in Figure 1, and for BTC to be a bullish candle, the price needs to be 69000+, and for ETH to be a bullish candle, the price needs to be 2100+, thus BTC is close to 69000 for a long position.
ETH is close to 2100 for a long position, with a very high risk-reward ratio.
The bullish target for Bitcoin (BTC) is 73000-75000.
Technical summary of the market trend:
This week is a week of favorable conditions following the ceasefire, with BTC showing a bullish trend on the weekly chart, requiring a bullish price above 69000, aiming for 73000-75000 near 69000 for a long position.
It has been two weeks since the ceasefire, and now it's the first week, so make sure to seize the opportunity.