April 21 Bitcoin Market Analysis



Latest Price: 75,714.9, 24-hour increase: +1.64%, indicating a slight rebound correction
24-hour fluctuation range: 74,061.2 ~ 76,531.0, amplitude about 3.3%
Trading Volume: 24h trading volume 158,767, trading value 11.975 billion USDT, indicating a moderately active level (slightly above average)
The price has just risen above the short-term moving average MA25, indicating that short-term downside momentum has eased and it has entered a corrective rebound phase.
DIF has already crossed above DEA to form a golden cross, and the MACD red bars continue to expand, indicating that short-term bullish momentum is gradually strengthening.
Trading Suggestions:
If the pullback does not break the 75,300~75,500 range, and the trading volume does not expand on the downside, you can consider a small-position long, with a target around 76,500 and a stop loss placed below 74,800.$BTC
BTC0.17%
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