4.20 Bitcoin Public Outlook

Geopolitical dominance, oscillating slightly bearish, mainly selling high and buying low.
Core influencing factors:
Escalation of US-China conflict, global risk appetite cooling
Oil prices surge → inflation concerns → Federal Reserve rate cut expectations delayed
Large options expiration on 4.24–25, volatility will increase
Moving averages show a bearish alignment, overhead resistance is heavy
Key levels
Support
First: 72,000–73k (intraday strong support)
Second: 69,000–70,000
Third: 67,000
Resistance
First: 75,900–76,200 (last night’s high)
Second: 78,000 (strong resistance)
Trading suggestions
Main idea: oscillate slightly bearish, sell high and buy low
Long positions (buy low)
Pullback to 73,300–74,000, stabilize, small position to test long
Stop loss: 72,800
Target: 75,000–75,900
Short positions (sell high)
Rebound to 75,500–76k, face resistance, try short
Stop loss: 76,500
Target: 73,000 → 70,000
Summary:
Geopolitical dominance, slightly weak oscillation, buy low at 73,000, sell high at 76,000, break and follow the trend. #山寨币强势反弹 #AI基建重心转向应用侧 $BTC