April 11 Bitcoin Trend Analysis

Trend is king, and the moving averages are bullish: MA7, MA25, and MA99 are perfectly arranged in a bullish formation with diverging upward movement. The price is steadily holding above all moving averages. MA7 (73,015.8) is the short-term lifeline. As long as the price does not effectively fall and break below it, the uptrend has not ended. Going long on the short term is a trend-following move, with a much higher win rate than going short.
The main upswing structure is complete: it started from the phase low at 66,575.5, and has been moving upward with fluctuations along the way. It has broken above previous highs multiple times, reaching a new phase high of 73,450.0. The main upswing structure is intact. The current consolidation at the high level is a strong pause after the rise—meant to build energy for a second upward move, not a sign of a top.
Trading suggestions:
Pull back to 72,400-72,600 (near the MA25 line), then after stabilization, accumulate in batches at lower levels
First target 73,500-74,000
Second target 75000$BTC ‌#btc