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Market Trend Analysis: $BTC (2026-4-14)
On a daily timeframe, currently Bitcoin is at the extreme edge, very close to the overhead sell-pressure point (76000). If it breaks through and manages to hold above this resistance level, you may need to pay attention to the strength of this rebound—don’t short carelessly!
This bottom is consolidating in a choppy range; at most, this rebound may last to around 78000. This bear market hasn’t truly ended yet, so still stay firm with a mid-to-long-term short positions strategy!
If I have to name a bear market bottom, it has to be below 59. And the bottom features small-range choppy consolidation, and when there isn’t much news-driven stimulation for the market, it’s the real “time when nobody pays attention”~