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4.10 Bitcoin Bullish Strategy
1. 4-hour Structure: Breakout of the range + Re-test confirmation
Previous consolidation range: 70500–72500
Today has already broken through the 72500 resistance with increased volume
Healthy volume and price action: rising with increased volume, falling with decreased volume → Bullish dominance
2. Daily Chart: Trend turning stronger
Stabilize above the daily midline, MACD shows a bullish crossover with increased volume
Weekly Chart: Bullish engulfing pattern, medium-term rebound structure established
Trading suggestion: Pull back to around 72500-72000 for a potential upward move
First target 🎯 73500
Second target 🎯 74000 (cautiously)
$BTC