April 15 Bitcoin Market Analysis (Bearish pullback, bullish adjustment direction—look for upside) $BTC


Figure 1: At this time, the market is in a 45-minute level rebound, but at this moment the rebound needs to keep pushing higher; otherwise, the focus is on the market entering a range-bound consolidation. In the later stage, we will focus on the trend after this consolidation. As for the support level on the 45-minute timeframe, it is 73765. If 73765 is broken, while watching the market, also note that if there is no sustained upward move and 73765 is broken, then the focus becomes the bullish trend in the 73807-73155 range.
Figure 2: Right now, the market is in a breakout-turning-point and rising phase on a smaller timeframe. The focus now is whether, on the 5-minute smaller timeframe, it can move out into an upside one-way trend. You can go long based on the 45-minute support, with the stop loss placed at 43765. Summary: Bitcoin is in a bullish market; the bears are pulling back, and the bulls are adjusting, so the direction cannot #WCTC交易赛瓜分800万USDT #比特币
BTC-1,44%
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