BTC Market Analysis 2026.04.17 Today we will use the Gann angle line to sort out the trend and current market of BTC: Figure 1 is a Gann angle line drawn based on the low point of 15400 and the high point of 126000. The half line in the diagram can be seen as the boundary between bull and bear markets. If the K entity closes above this line for three consecutive weeks, it is assumed that the bear market has ended. I personally think that the probability of a bear bottom at the low point of 60000 in February 2026 is very low, and starting from 60000 is just a rebound. Next, looking at Figure 2, the red and blue angle lines are obtained with 126000 and 97900 as high points and 60000 as low points, respectively. From this, we obtain the two pressure ranges formed by the intersection of blue-green and red green in the diagram. Yesterday's tweet stated that if the rebound level does not expand, we must see a strong decline this week or at the latest next week, allowing for a new high above 76000. However, after reaching a high, we must quickly decline instead of the current high-level sideways trend. The high-level sideways trend is likely to develop into the red trend in Figure 2- the recent operation is only a pullback targeting 65000-76000, and there will be a same level rise after the pullback ends. The test chart shows that the red pressure range will not break before starting a large-scale decline. As mentioned in last Sunday's video, this round of uptrend is entirely driven by contract driven short selling. As long as most people are still short selling, BTC will not easily fall. Therefore, to capture this large level of short selling, a certain level is still needed.