Analysts update multiple long-term bottom indicators for Bitcoin, recommending to start building positions in batches at $63k.

BlockBeatNews
BTC4,12%

BlockBeats message, April 6, an analyst, Alicharts, updates multiple long-term Bitcoin bottom indicator signals to reference Bitcoin bottom price points.

Key support levels include the area around $63,111 shown by the URPD, the trendline of $56,000-$60,000 that has been guarding nearly 10 years, the CVDD structural bottom at $47,960, and the MVRV 0.8 extreme pain zone at $43,647.

Alicharts suggests that investors diversify funds into areas such as $63k to $36k rather than trying to precisely predict a single bottom; currently, the market is mostly in a wait-and-see or distribution phase, which is suitable for setting up a macro rebound strategy.

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