BTC/USDT 4h simple analysis in 8th/Apr

Hi, crypto traders.

BTC goes into a sideways market.

As you can see, once BTC went down and reached my target price: 56,500USD, then broke it.

But around 56,000USD, the price bounced and now BTC is in a sideways market.

It’s possible to bounce again around 58,000USD. Therefore, we can stay and see the market in this phase.

If BTC goes up:
1st target is 60,000USD
2nd target is 61,900USD

If BTC goes down:
1st target is 50,400USD

Enjoy your trading.


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