BTC/USDT 4h simple analysis in 27th/Apr

Hi, crypto traders.

BTC is in a sideways market now.

After breaking my target: 47,500USD, the price suddenly bounced and went up.

Yesterday, I thought the price continues to go down, but unfortunately it was wrong.

The price is already reached the cross point with 240h (green) line.

If it bounced and goes down, the 1st target will be the cross point with 80h (blue) line.

My prediction is as follows.

If BTC goes up:
1st target is 57,500USD
2nd target is 65,000USD

If BTC goes down:
1st target is 51,200USD (Cross point with 80h line)
2nd target is 47,500USD
3rd target is 46,300USD

Enjoy your trading.


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