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# bit

1.15M
April 1 Morning Bitcoin Reference
After consecutive declines earlier, the bullish momentum has been overly released. The short-term technical indicators are severely oversold, and funds have an instinctual need for a rebound. The area around 66,500–67,000 is a strong support level, with multiple dips failing to break below, indicating strong buying interest here. The main force is reluctant to push the price down further.
Trading suggestion:
Buy on dips around 68,200–68,500, with a target of 69,500–70,000#bit
BTC-3.29%
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