2.5 Thursday Night Bitcoin Analysis
The four-hour timeframe shows the price consistently trading below the MA144 and MA169 moving averages, indicating a clear downtrend. The MACD indicator's two lines are in the negative zone and continue to decline. Although there may be a short-term technical rebound, the medium-term downtrend pattern remains unchanged.
Personal suggestion, for reference only (strictly set stop-loss)
Bitcoin around 71,300, look for a rebound at 72,300, target 69,000, 67,300
$BTC