Crypto Circle Mr. Coin: 4.12 Bitcoin (BTC)) Market Analysis Reference

Bitcoin intraday price continues to extend upward. As expected, the price has once again probed higher, and the high levels are being continuously refreshed.
From the short-cycle hourly chart, the price is moving within the upper-middle band area. On the hourly level, a long upper shadow appears (73790 to 72812), indicating selling pressure around 73800. The daily chart has closed green for 3 consecutive days, but today’s K-line body has shrunk—be cautious of a short-term pullback.

MACD: On the 4-hour level, DIF(914) crosses above DEA(902), but the MACD histogram bars shrink. On the daily MACD(1399), it is in a high position and has become dull/weakened.

EMA: Price has held above EMA7(73102)/30(71617)/120(69715), forming a bullish alignment. However, at the 1-hour level, EMA7(73306) shows signs of leveling off.
If the price can break through the 74000 resistance area, the upward trend is expected to continue.

In the short term, the outlook remains to buy on pullbacks. For supports, watch the 72000 area. For resistance, watch 74000.

4.12 Bitcoin short-term reference:
Trade range: 73800-74800, hold/defense at 76800. Set a stop loss at 500 points.
Target: below 73000; within 71200-72200. Target above 72800. Set a stop loss at 500 points.

Message sending is delayed. Strategy suggestions are for reference only. The market changes rapidly—no matter how confident you are in your judgment, make sure take-profit and stop-loss orders are set properly to lock in gains.