Mr. Coin Circle: 4.12 Bitcoin (BTC) Market Analysis Reference
Bitcoin's intraday price continues to rise, currently showing an expected upward trend and repeatedly refreshing highs. On the short-term hourly chart, the trend is operating in the upper-middle zone, with a long upper shadow appearing (from 73790 to 72812), indicating selling pressure around 73800. The daily line has closed with three consecutive bullish candles, but today's candle body has shrunk, signaling caution for a short-term pullback.
From the indicators, the MACD 4-hour level shows that the DIF (914) crosses above the DEA (902), but the histogram is shrinking. The daily MACD (1399) is in a high position and is flattening. EMA: the price has stabilized above EMA7 (73102)/30 (71617)/120 (69715) forming a bullish arrangement, but the 1-hour EMA7 (73306) shows signs of flattening. If the price can break through the resistance at 74000, the upward trend is expected to continue. The short-term strategy remains to look for buying on pullbacks, with support at 72000 and resistance at 74000.
4.12 Bitcoin Short-term Reference:
Range 73800-74800, defend at 76800 for additions, stop loss at 500 points, target below 73000.
Range 71200-72200, target above 72800, stop loss at 500.
Dissemination may be delayed; the strategic suggestions are for reference only. The market changes rapidly, and regardless of how confident you feel in market judgments, always ensure to set profit-taking and stop-loss strategies to secure gains.
For more real-time trading strategies and online technical learning each day, you can follow the mentor's public account (Mr. Coin Talks Coin) to get the addition method: the first ten daily can receive free strategies for standing out.
For more daily real-time trades, you can follow the public account (Mr. Coin Talks Coin) to access online market technical learning, exiting strategies, etc. I have researched the market for many years, focusing on major trends in the cryptocurrency space. I have studied extensively in the U.S. mainly analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. I welcome fellow cryptocurrency enthusiasts who do not know how to operate to study and learn together.
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。
