Solana

Bitcoin

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<ul> 
 <li>Bitcoin rallied from the $62,910-$62,300 support zone and traded long at $62,910.</li> 
 <li>According to Coinotag analysts, BTC has a target of $65,800 and is expected to exceed this level. Otherwise, the decline may continue.</li> 
 <li>Readers are advised to set an entry stop at $62,910 and set their targets at $65,800 and $69,000.</li> 
</ul> 
<p><strong>Bitcoin’s technical analysis focuses on the target of $69,000 by breaking the resistance above $65,800 with the rise starting at $62,910.</strong></p> 
<h2 id="strong-medium-term-btc-analysis-strong"><strong>MEDIUM TERM BTC ANALYSIS</strong></h2> 
<figure id="attachment_137935" aria-describedby="caption-attachment-137935" style="width: 100%" class="wp-caption alignnone">
 <a href="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?quality=70&amp;ssl=1"><img loading="lazy" decoding="async" class=" td-modal-image wp-image-137935 size-full" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=696%2C331&amp;quality=70&amp;ssl=1" alt="8-Hour BTC/USD Price Chart" width="696" height="331" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?w=2560&amp;quality=70&amp;ssl=1 2560w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=300%2C143&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=1024%2C487&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=768%2C365&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=1536%2C730&amp;quality=70&amp;ssl=1 1536w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=2048%2C973&amp;quality=70&amp;ssl=1 2048w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=150%2C71&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=696%2C331&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=1068%2C508&amp;quality=70&amp;ssl=1 1068w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?resize=1920%2C912&amp;quality=70&amp;ssl=1 1920w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/04/BTCUSDT-8H-Chart-1-scaled.webp?w=1392&amp;quality=70&amp;ssl=1 1392w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></a>
 <figcaption id="caption-attachment-137935" class="wp-caption-text">
  8-Hour BTC/USD Price Chart
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<p>Looking at Bitcoin’s 8-hour technical chart, according to the analysis we shared yesterday, BTC fell to the <strong>$62,910 – $62,300</strong> support zone in the last decline and rose from the $62,910 level.</p>
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<p>Our followers who traded long at $62,910 were up more than 3% yesterday and it would be more strategic to put the entry stop at this level. Because if BTC falls again from this level, it may fall to $62,300 and $61,200.</p> 
<p>According to Coinotag analysts, as long as Bitcoin price stays above the $62,910-$62,300 support range, its first target will be $65,800. If BTC breaks the $65,800 resistance and closes 8-hour candles above $66,800, it could continue its uptrend to $69,000.</p>
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    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">TRUSTED BY COINOTAG,<br><span style="color: #e67e22;">Did you missed $MEME, $PEPE or Bitcoin? No worries! Click here to sign up chosen altcoin exchange!</span></span></strong></a></td> 
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<p>Therefore, it is important for our readers who trade long at $62,910 to follow the entry stop and set their targets at <strong>$65,800</strong> and $69,000 respectively.</p>

Will Bitcoin Fall Again? Current BTC Analysis

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