$BTC Crypto Circle Academician: On April 15th, Bitcoin's daily bullish trend continues strongly. Pullbacks to support levels are the prudent approach! Latest market analysis and trading suggestions



Bitcoin is currently priced at 74,600. Most losses in trading Bitcoin are not due to market movements but due to emotional reactions. Rising prices lead to greed, falling prices cause panic, chasing highs and selling lows result in being repeatedly harvested. Just like now, the trend is clearly bullish, yet many try to top out and short, only to get squeezed out; holding long positions, they fear a pullback, and any fluctuation causes them to panic and take profits, ultimately missing the entire main upward wave. Don’t let emotions replace judgment; set proper stop-losses, and profit from what you understand is enough.

Since the daily K-line started from a low of 59,800, it has formed a clear upward trend. Currently, it has successfully broken above the EMA15 and EMA30 moving averages, establishing an initial bullish trend. The MACD red histogram continues to expand, DIF and DEA remain above the zero line with an upward momentum, with no divergence signals; Bollinger Bands are gradually widening, and the price is moving toward the upper band, indicating that the upward momentum on the daily level is still being released. Resistance is seen around 75,000-76,000, and support is near 70,500 at the middle Bollinger Band.

The four-hour K-line's moving average system shows a standard bullish arrangement, with EMA15, EMA30, and EMA60 diverging upward sequentially, forming a solid support zone. The MACD red histogram stays above the zero line, with slight weakening but no death cross, indicating bullish momentum has not fully waned; Bollinger Bands are opening upward, with the price running along the upper band. Support is around 73,300 near EMA15. As long as this level is not broken, the four-hour upward trend remains intact. Therefore, as long as pullbacks do not break support, the upward trend can continue, and buying on dips is advisable.

Short-term trading ideas: Follow the larger cycle trend, with quick stops and quick entries/exits.

Buy from 73,600 to 74,000 with a stop-loss at 73,100, targeting 75,300 to 75,900.

Sell from 75,500 to 76,000 with a stop-loss at 76,500, targeting 74,100 to 73,700.

In the crypto world, early movers eat the meat, late movers drink the soup, and unaware ones get the bag.

Specific operations should be based on real-time market data. For more information, contact me. The article may be delayed; for reference only, trade at your own risk. #加密市场回升
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