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April 20th Bitcoin Evening Public Strategy
Within the day, Bitcoin experienced a typical "sharp decline, shakeout, and rebound" pattern: after dropping to a low of 73,669 in the morning, it quickly recovered and is now consolidating around 75,200. The intraday fluctuation is nearly 2,600 points, a classic main force shakeout rhythm.
On the 15-minute chart, after the bottom at 73,669, Bitcoin showed a rebound, currently in a phase of oscillation and correction after the rebound. The 15-minute MACD just showed a death cross signal, with the green histogram just emerging, indicating that the short-term rebound momentum is weakening and there is a need for a pullback to confirm support.
Operation suggestion: Rebound to the 74,800-75,000 range to set up long positions, targeting 75,500-76,500.