$BTC 📊 April 22nd BTC Latest Strategy Analysis

BTC:
The price started a strong rally from the low of 74,766.1, and currently, the 15-minute chart shows the price above the upper band of the Bollinger Bands, reaching a high of around 77,717.8. In the short term, a bullish trend is evident. The Bollinger Bands are widening continuously, with the price moving strongly along the upper band. The middle band at 76,339.9 and the MA7 at 76,968.9 form stepped support levels; the MACD indicators show DIF=430.7, DEA=283.5, MACD=294.3, with the red histogram bars expanding and staying above the zero line, indicating strong bullish momentum. Trading volume is also increasing, dominated by buying pressure.
📈 Bullish Logic:
The support zone below 76,500-77,000 is a strong intraday support area. When the price retraces to this zone, it is supported by both the middle Bollinger Band and previous breakout platforms, making a correction unlikely to change the bullish trend. If the price stabilizes above 77,500, it is likely to continue upward. The first target is 78,500; after breaking through, it could test the 79,500-80,000 range. In extreme cases, it may test the previous high at 81,000 resistance.
⚠️ Risk Warning:
If the price fails to hold above the MA7 at 76,968.9 and MACD shows divergence or decreasing volume, the bullish trend may quickly reverse. Be alert for a pullback to the 76,000-75,500 range, and strictly set stop-losses to avoid trend reversal risks.
🎯 Main Strategy: Slightly Bullish
• Entry Range: 77,000-77,300
• First Target: 78,000
• Second Target: 78,500
• Stop-Loss: 76,500