BTC strongly recovers the 77,000 level! Is a bottom reversal signal emerging? $80k may become the next target | April 18 Market In-Depth Analysis

1. Market Overview

The current latest price of Bitcoin BTC is 77,359.38 USDT.

From an overall structure perspective, Bitcoin previously formed a temporary top around $126,000, after which the market experienced a significant correction, dropping to around $60,000. Subsequently, the price began to stabilize gradually and recently showed a rebound correction.

Currently, BTC has regained the $77,000 level, indicating that market sentiment is gradually warming up, and funds are starting to flow back into the market.

The current market structure can be understood as:

Deep correction → Bottom stabilization → Rebound correction → Breaking through key resistance

The next core market focus is on the $78,000–$80,000 resistance zone.

2. Daily Chart Analysis (Mid-term Trend)

From the daily chart, BTC formed a clear bottom around $60,000, followed by a rebound. The overall trend has gradually shifted from a bearish trend to a oscillating rebound structure.

Important signals in the daily structure include:

Higher lows gradually forming

Downward momentum significantly weakening

Bulls beginning to regain control

Indicating the market is gradually completing the bottom-building process.

3. 4-Hour Chart Analysis (Short to Mid-term Trend)

From the 4-hour chart, BTC is currently in an oscillating upward channel.

Recent price action has risen steadily from around $65,000 and is now approaching previous important resistance areas.

Features of the 4-hour trend:

The depth of pullbacks is gradually decreasing

Bullish rebound momentum is stable

Market buying pressure is clearly strengthening

This usually indicates:

Short-term trend is bullish, and funds are gradually pushing the price higher.

4. 1-Hour Chart Analysis (Short-term Trading Opportunities)

From the 1-hour K-line structure, BTC currently forms a short-term bullish pattern.

Trend characteristics:

Lower lows are rising

Pullbacks are quickly absorbed by buying

Market sentiment is gradually becoming more bullish

Indicating short-term funds are continuously entering to go long.

6. Trading Strategy for April 18

Direction: Enter Long

Entry position: 77,359.38

First target: 78,519

Second target: 79,624

Stop-loss: 75,793