Crypto Circle Academician: On April 15, the Bitcoin daily line bullish trend continues strongly; buying on support is the prudent approach! Latest market analysis and trading suggestions.
The current price of Bitcoin is 74600. Most of the losses in the big Bitcoin market are not due to market changes, but rather due to mindset. When prices rise, greed sets in; when they fall, panic ensues, leading to chasing gains and cutting losses, realizing losses over and over again. Just like the current market, where the trend is clearly bullish, but many are thinking of shorting at the top, resulting in being caught off guard; holding long positions while fearing corrections, panicking and taking profits at the slightest fluctuation, ultimately missing out on the entire major upward wave. Don’t substitute emotions for judgment; manage your stop-loss, and earning money that you understand is enough.

Since the daily K line started from the low of 59800, it has formed a clear upward trend. Currently, it has successfully risen above the EMA15 and EMA30 moving averages, preliminarily establishing a bullish trend. The MACD red bars continue to expand, and the DIF and DEA maintain upward movement above the zero axis, with no signs of divergence; the Bollinger Bands are gradually widening, with prices moving towards the upper Bollinger band, indicating that bullish momentum at the daily level is still being released. The upper pressure is seen around 75000-76000, while the lower support is near the middle band of Bollinger at around 70500.

The four-hour K line moving average system shows a standard bullish arrangement, with EMA15, EMA30, and EMA60 diverging upward in sequence, forming a solid support zone. The MACD red bars remain above the zero axis; although there is a slight reduction, no death cross has formed, indicating that bullish momentum has not completely weakened; the Bollinger Bands are opening upward, with prices running along the upper track. The lower support is around EMA15 near 73300. As long as this position is not broken, the upward trend at the four-hour level will not be damaged; therefore, buying after support re-tests is recommended.
Short-term thinking reference: Follow the trend of the large cycle, quick entry and exit with small stop losses.
If prices rise from 73600 to 74000, set a stop loss at 73100, targeting 75300 to 75900.
If prices drop from 75500 to 76000, set a stop loss at 76500, targeting 74100 to 73700.
In the crypto market, the early birds get the meat, while latecomers drink the soup, and those who are unaware end up taking the leftovers.
Specific operations should primarily rely on real-time market data. For more detailed information, you can consult the author. The article release may be delayed; it is advised that it is for reference only, and risks are borne by the reader.

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