$BTC 📊 April 29 BTC Latest Strategy Analysis

BTC:
After rebounding from around 75,635, the current 15-minute price has returned above the middle band of the Bollinger Bands, with short-term bullish momentum dominating. The Bollinger Bands are expanding, and the price is steadily rising supported by the middle band, which is at 76,335.8, with the upper band at 76,525.7 forming a step-like support and resistance; MACD indicators DIF=49.8, DEA=42.1, MACD=15.5, with the red histogram continuing to grow, indicating increasing bullish momentum. Trading volume has mildly expanded during the rebound, with buying strength leading the short-term market.
📈 Bullish Logic:
The support zone below 76,200-76,300 is a strong intraday support area. The price retraced to this zone supported by both the middle band of the Bollinger Bands and the previous consolidation platform, making a correction unlikely to change the strong upward trend. If the price can effectively stay above the upper Bollinger Band at 76,525, it is highly likely to continue upward, with the first target at 76,800. After breaking through, it can explore the 77,000-77,300 range, and in extreme cases, test the previous high at 77,500.
⚠️ Risk Reminder:
If the price re-falls below the lower Bollinger Band at 76,146, and MACD shows a bearish divergence with volume continuing to shrink, the bullish trend may quickly reverse. Caution is needed as the market could fall back to the 75,800-75,600 range, and strict stop-loss measures should be set to avoid trend reversal risks.
🎯 Main Strategy: Slightly Bullish
• Entry Range: 76,000-76,200
• First Target: 76,800
• Second Target: 77,000
• Stop-Loss: 75,800