Bitcoin started to rebound from the previous day's low of $74,780, and yesterday morning stabilized above the $76,400 level, initiating a one-sided upward trend. In the evening session, it reached a high near $79,400 before consolidating slightly.


Currently, the technical structure has broken above a recent key high, with the 4-hour upward channel fully opened, but there is a certain need for a pullback after the short-term surge.
Pay attention to the support at the retracement zone of $78,200 — $77,500. If this support holds, focus on the breakout of the $79,500 — $80,000 resistance zone. Only after stabilizing above this area can the upward space be further expanded; otherwise, it will continue to maintain range-bound consolidation.
BTC-0,42%
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GateUser-df2e8be3
· 04-23 01:58
Steadfast HODL💎
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BullAndBearBattle
· 04-23 01:48
Get in quickly!🚗
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