Crypto Circle Academician: Bitcoin Breakthroughs Past 73,800 on 4.14 Will Open Upward Space! Key Support and Resistance Levels Must Be Clear! Latest Market Analysis and Reference Suggestions


  
  Bitcoin's current price is 72,000, rebounding from a low of 59,800, breaking above the 72,000 barrier, and the technical chart has completely exited the downtrend channel. The northbound trend has officially started! The current consolidation is just a buildup before the rise. Understand the structure, seize this relay market, and don't get left behind by the market! Patience is now the biggest test. Many people always try to predict the direction, but end up chasing highs or bottom-fishing, only to be proven wrong on both sides. Actually, it's better to wait until the trend emerges before acting. Breakouts should be followed, dips should be shorted. Even earning a little less is better than repeatedly stopping out in consolidation. The essence of trading is to act on confirmed trends, not to gamble on uncertain directions.
  
  The daily K-line is oscillating and gathering strength around the 72,000 mark, with increased bulls and bears struggle. The moving average system maintains a northbound arrangement, with EMA15 and EMA30 forming support. The price is near the middle band of the Bollinger Bands. The MACD indicator's red bars are slightly narrowing, indicating that the northbound momentum is slowing down, and short-term consolidation is needed. The upper Bollinger Band at 73,892 is a strong resistance, the lower at 64,520 is support, and the 71,000 level is the northbound defense line. As long as it is not broken, the upward trend continues.
  
  The four-hour K-line is under pressure from the upper Bollinger Band, with short-term upward momentum slowing. Although the moving averages remain arranged northward, the divergence between price and moving averages is widening, indicating a need for a pullback and correction. The MACD red bars are continuously narrowing, showing a short-term adjustment signal. Support is around 71,500, resistance at 72,800. The price repeatedly tests within this range, and a directional choice window has appeared. However, the northbound channel has already formed; as long as key supports are not broken, the upward trend can continue.
  
  Short-term strategy reference: Follow the larger cycle trend, with quick stops and quick entries/exits.
  
  Support at 71,000 to 71,500 for northbound, stop-loss at 70,500, target at 72,500.
  
  Resistance at 72,500 to 73,000 for southbound, stop-loss at 73,300, target at 71,500 to 72,000.
  
  The crypto world has always been about the early prophets eating the meat, the late followers drinking the soup, and the unaware taking the bag.
  
  Specific operations depend on real-time market data. For more information, contact the author. The article may have delays in publishing; for reference only, risk is on your own. #美军封锁霍尔木兹海峡
BTC4,4%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin