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Crypto Circle Academician: The Bitcoin突破73800 on 4.14 will open up upward space! Key support and resistance levels must be clearly understood! Latest market analysis and reference suggestions
Bitcoin current price 72000, rebounded from the low of 59800, broke above the 72000 threshold, the technical aspect has completely exited the downtrend channel, and the northward trend has officially begun! The current fluctuation and consolidation are just preparations before the rise; understanding the structure and seizing this relay market, 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 slapped in the face on both sides. Actually, it’s better to wait until the trend emerges before acting; breakouts follow the trend, breakdowns short, even earning less is better than repeatedly stopping losses in consolidation. The essence of trading is to act on confirmed trends, not to gamble on uncertain directions.
The daily K-line oscillates around the 72000 threshold, with increased bullish and bearish battles. The moving average system maintains a northward arrangement, EMA15 and EMA30 form support, and the price is near the middle band of Bollinger Bands. The MACD indicator’s red bars slightly narrow, indicating a slowdown in northward momentum, and short-term consolidation is needed. The upper Bollinger Band at 73892 is a strong resistance, the lower at 64520 is support, and the 71000 threshold is the northward defense line; as long as it is not broken, the upward trend continues.
The four-hour K-line is suppressed by the upper Bollinger Band, with short-term upward momentum slowing down. Although the northward arrangement of moving averages is not broken, the divergence between price and moving averages is widening, indicating a need for a pullback correction. The MACD’s red bars continue to narrow, showing a short-term adjustment signal. Support is around 71500, resistance at 72800, with repeated testing within the range. The window for direction choice has appeared, but the northward channel has already formed; as long as key support is maintained, the northward trend can continue.
Short-term strategy reference: follow the larger cycle trend, small stop-losses, quick entries and exits
Support at 71000 to 71500 for northward, stop-loss at 70500, target at 72500 to 72500
Resistance at 72500 to 73000 for southward, stop-loss at 73300, target at 72000 to 71500
Crypto circles have always been about the prophets and the perceptive eating meat, the latecomers drinking soup, and the unaware taking over positions.
Specific operations depend mainly on real-time market data. For more information, you can contact the author. The article may have delays; for reference only, risk bears on oneself. #美军封锁霍尔木兹海峡