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Coin Scholar: Breakthrough Bitcoin 73,800 on 4.14 Will Open Upward Space! Key Support and Resistance Must Be Clear! Latest Market Analysis and Reference Suggestions
Bitcoin current price 72,000, rebounded from the low of 59,800, broke above the 72,000 barrier, 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, understand the structure, seize this relay market, and don't get left behind by the market! Now is the most testing of patience. Many people always try to predict the direction, but end up chasing highs or bottom fishing, and finally face-plant on both sides. Actually, it's better to wait for the trend to emerge before acting, break through then follow, break below then short, even earning a little less is better than repeatedly stopping losses in consolidation. The essence of trading is to act on certain trends, not to gamble on uncertain directions.
The daily K-line oscillates around the 72,000 barrier, with increased bullish and bearish battles. The moving average system maintains a northward arrangement, EMA15 and EMA30 form support, and the price runs near the middle band of Bollinger Bands. The MACD indicator's red bars slightly narrow, indicating that the northward momentum has slowed, and there is a short-term need for consolidation. The upper Bollinger Band at 73,892 is a strong resistance, the lower band at 64,520 is support, and the 71,000 barrier is the northward defense line; as long as it is not broken, the upward trend continues.
Four-hour K-line is suppressed by the upper Bollinger Band, with short-term upward momentum slowing down. Although the moving averages remain arranged northward, the divergence between price and moving averages is widening, indicating a need for a pullback correction. The MACD red bars continue to narrow, showing a short-term adjustment signal. Support is around 71,500, resistance at 72,800. The price tests within the range repeatedly, a direction choice window appears, but the northward channel has already emerged; as long as key support is not broken, the northward can continue.
Short-term strategy reference: Follow the larger cycle trend, small stop-loss, quick in and out.
Support at 71,000 to 71,500 for northward, stop-loss at 70,500, target at 72,500.
Resistance at 72,500 to 73,000 for southward, stop-loss at 73,300, target at 72,000 to 71,500.
The crypto world has always been about the early birds eating meat, the latecomers drinking soup, and the unaware taking over.
Specific operations depend mainly on real-time market data. For more information, you can consult the author. The article may have delays, so it is for reference only, risk bears by yourself. #美军封锁霍尔木兹海峡