4.16 Bitcoin Long Position Review | 214% Profit Taken, Precisely Hit the 75 High Breakout



Last night, Bitcoin experienced further upward movement, and our bullish outlook was once again perfectly fulfilled, with every step clearly visible—true strength needs no words.
Currently, in terms of market structure, on the daily chart, after a surge on Tuesday morning, resistance was met and a pullback occurred, forming a long upper shadow on the doji; this morning, a small bullish doji was formed again, with the candlestick already above the upper band, and the Bollinger Bands maintaining an overall opening upward pattern. On the 4-hour chart, the price has been climbing stepwise along the middle band, breaking through the previous correction high point, and is now entering the final stage of the upward wave consolidation, with repeated oscillations at high levels, only accompanied by slight pullbacks for correction, without continuous weakening. The short-term structure remains bullish. After an early surge, the market is likely to consolidate with a pullback today; observe the strength of the pullback, and once stabilized, consider re-entering at an appropriate opportunity.
BTC0,45%
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