2024-04-12 14:24:49

#BTC If BTC fails to break through the USD 71,400 resistance, the bearish trend may continue.

According to Coinotag analysts, failure to close a 4-hour candle above $71,400 could strengthen the decline.
BTC's 4-hour candle close above $65,700 could signal a reversal from the green support zone.
If BTC fails to break through the $71,400 resistance, the downtrend may continue, and failure to close a 4-hour candle above $71,400 may strengthen this decline; However, a 4-hour candle close above $65,700 could be a sign of a reversal from the green support zone.

It is predicted that BTC may make another decline to the $66,650 area after a possible retest move. However, BTC needs to make a 4-hour candle close above $65,700 to make a comeback from the green support zone.

Coinotag Analysts think that BTC may fall to the green zone mentioned in the analysis until the time of the halving, and at the same time, the price may start a rise from this green zone to $75,000 after the start of the halving.

BTC1,68%

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