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🚨Bitcoin price has surged three times; be cautious of false signals!
At 1:00 AM on April 7th, Bitcoin's price surged for the third time, presenting a shorting opportunity.
As shown in the chart, the MACD bullish momentum is continuously declining.
Looking at the structure chart, BTC has risen three consecutive times today,
but each time the MACD bullish energy bars did not break previous highs,
refer to the sequence at 312 in the chart.
Currently, the price is at 695. I suggest the bulls exit and switch to shorting.
The EMA15/18 moving average has also broken below, so don't foolishly chase longs.
Choose to go short now; you'll thank yourself tomorrow morning for the decision made at this moment!
Pre-market analysis indicates that the market during the session will be extraordinary.
I am Lu Bufan, founder of Biteo & 312 Investment Research Society. For trading, contact me.
#BTC #ETH $BTC