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April 19th Midday Public Strategy for Bitcoin
The US-Iran situation negotiations have reached a deadlock, and Middle Eastern risk aversion sentiment is fluctuating periodically. In the short term, this may intensify Bitcoin's volatility, but there is no clear signal of safe-haven capital inflow yet.
On the 1-hour chart, Bitcoin's current price is below the 20-hour moving average, remaining in a weak short-term pattern, but the 60-hour moving average below provides strong support. Overall, it has not entered a unilateral downtrend.
Trading suggestion: Enter long positions around 75,300-75,000, targeting 75,700-76,300
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