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🚨 4.22 Bitcoin surge: 76,000 has fallen below! Bulls suffer a liquidation of 128 million, but is the decisive battle today?
1,Brothers, last night’s market was too crazy! $BTC A big bullish candle, directly pushing above 76,900 USD, many short positions were also liquidated. The leader feels sorry for the brothers!
2,Strong support: 74,800 USD (the oscillation center broken through last night, a pullback without breaking is a buying opportunity), here the long positions are cautious, do not fight the market, a small play is okay, because it will fall later.
3,Psychological resistance level: 77,000~ 78,300 USD (current high point, with selling pressure) this resistance level is very strong, it surged once yesterday but did not break through, after consolidation it will test again, the leader believes it may induce a bull trap, a false breakout, then fall.
4,Ultimate target: if it can hold above 75,000 today, then aiming for 783,000 or even the previous high becomes unlikely, subsequent decline is certain, the market looks to rise, but basically it’s the routine of the big players. The fall won’t be so fast, it will go down within about a week.
5,Strategy suggestion:
Since the main trend is set, do not easily short! Be patient and wait for the price to break below 75,000, that’s the right-side entry opportunity.
Do you think this wave can break below 75,000? Leave your opinion in the comments 👇
#BTC # Bitcoin #DailyMarketAnalysis