4.21 Bitcoin Bollinger Bands opening upward, bullish momentum continues, how high can this rebound go? Latest market analysis and trading suggestions



Bitcoin current price is 76,300. There are no forever bullish or bearish trends in the crypto world, nor are there risk-free trades. I repeatedly reminded everyone yesterday that once the price reaches 74,000, it’s time to go north. This is not a divine prediction, just a choice based on trend signals. When the market fluctuates repeatedly, don’t chase highs or sell lows recklessly; setting proper stop-losses is more important than anything. Trading is not about luck; discipline and mindset matter. Take it slow; that’s how you go far.

The daily K-line broke above the EMA15 moving average resistance, standing above a key short-term support level. The MACD indicator’s red bars continue to enlarge, with DIF and DEA forming a golden cross and moving upward, gradually accumulating northward momentum. The middle band of the Bollinger Bands at 71,970 provides effective support. The price is pushing toward the upper band at 78,325. If it cannot break through with volume, it’s likely to enter sideways consolidation.

The four-hour K-line is oscillating around 76,288, with EMA averages arranged upward, indicating a short-term bullish trend. The MACD red bars are shrinking, DIF and DEA are converging and flattening, indicating weakening northward momentum and a need for a pullback. The middle band of the Bollinger Bands at 75,757 provides strong support. The price encounters resistance near the upper band; in the short term, it’s likely to pull back to confirm support before choosing a direction.

Short-term trading ideas: follow the larger cycle trend, small stop-losses, quick entries and exits.

Support at 75,000 to 74,500 going north, stop-loss at 74,100, target 76,500 to 77,500, with a breakout aiming for previous highs.

Encounter resistance at 78,000 to 78,200 going south, stop-loss at 79,100, target 76,500 to 75,500, quick entries and exits.

Honestly, the most useless thing in the crypto world is armchair quarterbacks after the fact. When I called for going north at 74,000, some said I was chasing highs. Looking back now, following the signals is the most reliable approach. The market goes up and down unpredictably, but controlling your hands and not chasing highs or selling lows is key. Don’t just envy others’ double-your-money trades; behind those are stop-losses and holding through volatility. For ordinary people playing with crypto, don’t seek to get rich overnight; steadily earning profits you understand is enough. $BTC
BTC1.55%
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