April 20 Bitcoin Market Analysis: Trading at high levels with pressure leading to a correction, the overall trend has not reversed. The daily chart still remains above the medium- and long-term moving averages, and the bullish pattern remains intact. This pullback is more of a normal correction during an upward trend, with no clear reversal signals. The four-hour chart shows a short-term decline after a rally, with key support concentrated around the 73,500-74,000 range. Holding this support could lead to a rebound.



Trading suggestions:
Go long within the 73,500-74,000 range, targeting 75,500-76,500. #币圈  # #Blockchain # $BTC $ETH
BTC-1.76%
ETH-2.75%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
ListenToFengCts
· 2h ago
Chong Chong GT 🚀
View OriginalReply0
ListenToFengCts
· 2h ago
Hop in the car!🚗
View OriginalReply0
  • Pin