As a senior figure in the currency circle, I have always been committed to providing helpful advice to everyone, hoping that people will take fewer detours and make fewer mistakes in this market. Although I advise earnestly, the road to investment still needs to be explored by oneself, and learning is endless. The experience gained is the real wealth!

Strength does not need to be overly displayed; the key is to gain more recognition from others. On the investment road, it is more important to do well than to prove one's own strength to others. Whether it's a mule or a horse, you'll know once you take it out for a walk.

I am a warrior striving to protect the "leeks" in the currency circle. I wish my fans to achieve financial freedom in 2024. Let's cheer together!

Currency Circle Academician: Bitcoin (BTC) latest market analysis reference for April 19, 2024: Bull and bear both gain 4500 points

The conventional way of playing Bitcoin is indeed popular. Yesterday, Bitcoin was positioned below 61000, with the final target of 63600, capturing a space of over 2600 points. For details, refer to yesterday's article and moments. The short target of 64000 remains at 62100. If this order is successfully captured, the profit from the short position will be 1900 points. The combined profit from both long and short positions will be 4500 points. In fact, capturing such trend targets only requires identifying support and resistance zones and setting good stop-loss orders. Especially, one should not let the market's fluctuations affect one's mentality. Short at the resistance level, and if it breaks, stop the loss without hesitation. Similarly, if the support level is broken, stop the loss. If not, you can hold.

As of the time of writing, the current price of Bitcoin is 62500. The distance from our target of 64000 to the support of 62100 is only 400 points left. It is expected to reach the target by noon. The short trend in the market is strong for the time being. You can wait for the opportunity to enter the next position. Currently, the daily K-line is below the EMA60. If it falls below 63400, will it be able to retrace to the support at 60000, which is the next trend indicator of 120? Let's continue to look forward. KDJ fell below the value of 9 yesterday and rebounded to 18.5 after the callback, but affected by the current overall market trend, it began to decline. MACD volume decreased, and DIF and DEA ended their divergence and entered a downward channel. The main force increased the volume, but the K-line showed a clear divergence in the short trend. Will the Bollinger Bands continue to retrace to the lower rail support at 60800? The key position to note is here.

The four-hour K-line originally returned to the EMA trend indicator and stood near the EMA30 pressure at 63500. However, after the closing of the daily line this morning, the four-hour K-line has fallen from 63500 to 62500, and has broken through the EMA15 support. The short trend is coming. The target of 62100 below remains unchanged. KDJ is converging and alternating downward. MACD has a significant increase in volume and is clearly trending downward, indicating increased fluctuations. After exiting at 62100, it is not recommended to chase long positions. Wait for the short trend to stabilize at the bottom before starting to lay out. The probability of breaking the Bollinger Bands and retracing to the lower rail at 60500 has increased. Overall, it is recommended to wait for a retracement to the support before starting to lay out. For the time being, the short trend remains dominant.

The strategy suggests going short on highs and going long on lows using the conventional method:

• Long entry point: layout in the range of 60000 to 60500, with targets at 61500 and 62500. Continue to look at 63500 after breaking through. Stop loss for long position at 59500, preventing being swept out by a low of 500 points from the 60000 mark.
• Short entry point: layout in the range of 62700 to 63200, with targets at 62100 and 61100. Look at the exchange point of 60500 after breaking through. Stop loss for short position at 63600.

(The bearish sentiment is strong, and it is expected to retrace to the 60000 integer mark in the short term, hover near the mark, and settle after the profit from the short position. It is recommended to pay attention to changes in the market. Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay and is for reference only. Trade at your own risk.)

This article is exclusively provided by the Currency Circle Academician and represents the exclusive views of the academician. There is in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Trade at your own risk. Reprinting should indicate the source. Reasonably control your positions and avoid heavy or full positions. The academician also hopes that investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the expected profits slip away. There is no need to be smarter than the market in investment. When the trend comes, follow it; when there is no trend, observe and be patient. It is not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. Heaven rewards hard work, earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the blink of an eye. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Currency Circle Academician wishes you a pleasant investment!

Friendly reminder: The content above is created by the author's public account. The advertisements at the end of the article and in the comments section are not related to the author. Please discern carefully, and thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。