April 13th Bitcoin Midday Strategy

Direction: Range-bound with a slight bearish bias, focus on steady high-altitude positions
Entry Range
Buy small portions to short between 71,500 and 72,000
Stop Loss
Above 72,500
Take Profit Targets
First target: 70,000
Second target: 68,800
Judgment Basis
The market has fallen from the high of 73,800, currently in a high-level oscillation and decline structure, with 71,500-72,000 as a clear resistance zone
The US-Iran Strait tensions are heating up, risk sentiment fluctuates, Bitcoin faces increased selling pressure after rising
The daily bullish momentum weakens, 4-hour chart shows a slight bearish bias, with strong support at 70,000 and 68,800
Geopolitical events can trigger rapid spikes; avoid shorting aggressively, only enter in batches at resistance levels
$BTC
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