CryptoWorld Morning Analysis: Bitcoin BTC Price Market Forecast

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The 4-hour candlestick chart recently shows a significant increase in price compared to 2026-04-16 12:00:00, rebounding from the level at 2026-04-15 12:00:00, breaking through the high at 2026-04-15 20:00:00, with a bearish engulfing pattern, and the last candlestick is a bearish candle with the closing price below the opening price.

Current price and trading volume changes: recent trading volume has decreased, trading volume is lower than a few hours ago, price is rising, trading volume is declining: upward momentum is weakening.

Some current technical indicators are as follows: Based on MACD analysis of the current market trend: no obvious trend, MACD histogram: the histogram remains negative and gradually shortens, indicating increasing bullish strength. KDJ indicator: no golden cross or death cross, according to KDJ: neutral KDJ value is 52. The MA10 value is greater than the MA30 value at 2026-04-16 16:00:00, and the MA10 value is greater than the MA30 value at 2026-04-16 20:00:00.

Based on recent technical indicators, BOSS Wallet analysis points out:

Buy point one: price 71396.58

Buy point two: price 71112.585

Long position stop-loss point: price 70387.28

Sell point one: price 75519.0

Sell point two: price 75697.1

Short position stop-loss point: price 75719.7

Recent support level: price 73488.0

Recent resistance level: price 75519.0

Recent high point: 75342.99

Recent low point: 70740.98

Through the 4-hour BTC candlestick analysis, the specific content is as follows: Based on recent technical indicators, BOSS Wallet analysis points out:

Buy point one: price 71396.58

Buy point two: price 71112.585

Long position stop-loss point: price 70387.28

Sell point one: price 75519.0

Sell point two: price 75697.1

Short position stop-loss point: price 75719.7

Recent support level: price 73488.0

Recent resistance level: price 75519.0

Recent high point: 75342.99

Recent low point: 70740.98

BTC1.92%
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