4.24 Evening Thought Sharing


Currently, $BTC Bitcoin's chart remains in a consolidation phase within a bullish trend. Yesterday's market showed wide-range tug-of-war, with the price fluctuating between 76,500 and 78,600, and the overall bullish structure has not been broken. Currently, the price is consolidating around 77,500, with upward momentum gradually building for a breakout.

On the four-hour chart, Bitcoin surged to 79,444 before entering a high-level consolidation, with the price repeatedly testing the 77,000-78,500 range. There has been no deep correction, and support below remains solid. The bullish trend structure remains intact, and it is currently in a stage of building strength for a continuation upward. There is still momentum for a breakout, and intraday trading should focus on buying on dips, maintaining a strong bullish outlook.

Bitcoin trading strategy: Buy near 77,500-77,000, target 79,000
BTC-0.96%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin