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On Monday, April 27th, BTC opened with an upward move. The bulls showed a stepwise ascent. From the bottom position of 67 earlier, I mentioned a bullish outlook, and it has been rising every day along the way. Friends who are familiar should all clearly understand this. Those unfamiliar can refer to previous analyses.
The weekly candlestick price has broken above and closed above the middle band, enough to indicate that the bulls will continue to move higher. Now, it just needs time to convert space.
The four-hour candlestick continues to fluctuate and rise, with the price moving in a stepwise manner, accompanied by slight pullbacks breaking new highs. Currently, the price has broken above 79 and is consolidating, so reaching above 80k is just a matter of time. As for those who are short at the bottom, it is recommended to retreat early if possible. Don’t wait until hitting a wall before turning back.
Intraday, it is suggested to look for a rise in the 78,500-78,100 range in batches, with a short-term target of 79,500 and a long-term target near 82,000.