Crypto Circle Coin Master: 4.19 Bitcoin (BTC)) Market Analysis Reference


The current Bitcoin price is running around 75,600.
On the daily chart, the bullish trend hasn’t completely broken down yet, but the short-term pullback is weighing down the market.
On the 4-hour chart, since the high at 78,300, it has been dropping all the way down; the MACD has formed a direct death cross, and bullish momentum is clearly leaking—this move is just a normal correction.
Next, look at the 1-hour chart: the RSI has fallen to 16.9, which is severely oversold.
In plain terms, it’s simply dropped too far. In the short term, there will definitely be a technical rebound and correction/repair.
But don’t take this rebound as the start-up of a new trend.
There’s strong resistance in the 76,500-77,000 area above. If it can’t break through, it will most likely go for a second dip.
The key support to watch is 74,000-74,500.
If this level can be held, the bigger trend can still be supported; the market may consolidate and “grind” further, and could even push to new highs.
If it gets smashed through, then the next level to head toward would be 72,000.
Also, funds are still flowing out right now—net outflow is negative by more than 400 million.
With no additional capital coming in, the rebound height is definitely limited. This is a repair/correction phase, not a reversal.
For trading, the suggestion is to sell short at higher levels and go long at lower levels.
Follow Coin Master—he’ll help you analyze the market in real time.

4.19 Bitcoin short-term reference:
Range: 76,800-77,800,
Defense: 79,800,
Stop loss: 500 points,
Target: below 76,000; range 73,800-74,800,
Target: above 75,500,
Stop loss: 500; chapter sending has delay.

Strategy suggestions are for reference only. The market changes rapidly; no matter how sure you are about your judgment, you must always set take-profit and stop-loss to secure your gains.
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