Greetings People!
The market keeps us on edge today, April 7th. While global sentiment is affected by tensions between the U.S. and Iran, #Bitcoin struggles to consolidate its position in the $68k - $69k range.
However, beyond the news, the charts tell us another story if we know how to observe:
The support zone: Despite the pullback from $70,000, the price has respected critical liquidity levels.
Indicators in focus: In short timeframes (1H/4H), the MACD is trying to cross upwards, which could suggest an exhaustion of selling.
Sentiment: The Fear and Greed Index remains at "Greed" levels, but institutional caution is evident following today's news.
My strategy: I am closely monitoring the daily close. If the StochRSI comes out of the oversold zone strongly, we could see an interesting bounce towards the $71,200 resistance.
What do you all think? Is this pullback a buying opportunity or the start of a deeper correction? 👇
#BinanceSquare #BTC走势分析 #trading #CryptoNews #TechnicalAnalysis
