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Coin Circle Academician: 2024.4.21 Bitcoin (BTC) latest market analysis reference:
Let's review the market first. The specific points given by yesterday's thinking are mostly arranged in the range of 62800 to 63300. The target reference is 65500 to bag, and take 2200 points of space. The expected 66000 mark has not been reached yet. At present, it is held at more than 64500. The target is to stand at the 66000 integer mark. Because the profit has not been taken out when the market hits 65700, it is temporarily held. The overall trend is currently bullish. In addition, today is Sunday, and many people are concerned about whether the weekly line will close with a negative line or a positive line. Most of the coin friends think that the big cake will break through 65700 and close above this position. Think rationally, operate rationally, and arrange rationally.
As of press time, the current price of Bitcoin is above the 65,000 mark, which is near the weekly opening price. The main force is testing the hearts of retail investors at this position, and the daily K-line has closed positive for three consecutive days, showing a pullback signal. The idle pull-up impacts the EMA trend indicator 30 high 66,000 integer mark. Can it break through? How to layout after the breakthrough? What if there is no breakthrough?
The golden cross formed by KDJ shows the trend of bullish indicators and MACD shrinking and increasing funds. Now DIF and DEA are beginning to close. The overall trend shows that the main force has gathered a lot of kinetic energy near 65700. The Bollinger Band is under pressure at 66500. It can be seen that the pressure of the range has been found, which is between 66500 and 66000. If it does not break, you can go short. If it breaks, the target is directly at the 70,000 integer mark.
The four-hour trend indicator EMA began to close, and the idle position stood at the 65,000 mark in the middle of the closing position. KDJ contracted and closed, and the trend became confusing. MACD increased in volume and moved up. DIF and DEA stood on the 0 axis after the K-line broke 65,000. The Bollinger Bands moved up, and the upper rail pressure level was given to 66,000. The support point was too high to around 64,000. We should be prepared for both situations.
The idea is to use low-long as the main strategy and short-short as the auxiliary strategy:
The entry point for short selling above is 66000 to 66500. The target is 65100 and 64000, two major supports. The stop loss point for short selling is 67100.
The entry point for long positions below is between 64000 and 64500, the target is between 65000 and 66500, and the stop loss point for long positions is 63800.
The bullish trend is strong. After breaking through the upper pressure level, you can follow the trend. The specific operation ideas are mainly based on the market data. For more information details, please contact the author. There is a delay in the release of the article. The suggestions are for reference only and the risks are borne by yourself.
This article is exclusively contributed by the academician of the currency circle, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and be quiet. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the currency circle wishes you a happy investment!
