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#BTC Friday night Bitcoin outlook for 4.24
Bitcoin continues to fluctuate narrowly overnight, repeatedly shaking out traders within a triangle convergence pattern, making the market rhythm extremely frustrating.
From the structural analysis, if this rebound follows a standard 1:1 symmetrical upward structure, the short-term target is around 81,917, but this target will not be reached in one go; two key conditions must be met:
1. Short-term pullbacks must not break through the consolidation zone. If it effectively breaks down, the market will fall back into the lower range for re-accumulation, and the upward momentum will slow significantly. Only news-driven stimuli can trigger a rebound;
2. The price must volume-breakout and stabilize above the 78,556 high point. Once stabilized at this level, the previous high of 79,443 will be broken through naturally.
Only when both conditions are met can the bulls push toward the ultimate take-profit level of 81,917. For those holding long positions, be sure to exit decisively at the target, even if optimistic about the market; it’s recommended to reduce holdings by 80% to avoid greed-driven overleveraging.
Key risk control levels to watch: 77,561. If volume breaks below and closes without recovery, the market will sharply retest the core support zone of 76,272–74,890. Subsequent dip-avoidance strategies should focus on signals within the 76,727–74,890 range.
Trading suggestions:
• Hourly chart: Volume breakout above 77,862, follow the trend to go long, with the upside target at 78,544–79,443; if unable to hold above 77,862, bullish momentum will lack continuation.
• 4-hour chart: Volume breakdown below 77,312, follow the trend to short, with the downside target at 76,098–74,982.