BITCOIN - The bulls may prove themselves...

Apr 21

BTCUSDT.P is showing signs of a bullish trend on a local scale. The asset has been forming a bullish trend since April. Focus on the key resistance level of 76,000



Bitcoin is forming a medium-term uptrend that began in early April. The price will continue to test the resistance zone of 76,000–76,300
A local bullish structure is forming, within which Bitcoin is attempting to break through the 76K resistance level. If the bulls maintain control of this area, we will see potential for growth toward 78K–80K

Resistance levels: 76,000, 76,300, 78,000
Support levels: 74,560, 73,700

A shallow pullback followed by another breakout attempt is a fairly strong bullish signal. Confirmation of the breakout will be local consolidation above the key resistance zone, which could trigger further growth toward 78K–80K.

Best Regards, R. Linda!

Apr 21

Trade active

The market was shaken up following remarks by Trump and Iranian officials. The geopolitical backdrop remains the primary source of uncertainty.

However, Bitcoin has absorbed the accumulated liquidity below 75,484, and if it continues to consolidate and narrow toward 76,350, the structure of the thesis will remain intact, and we can still expect the uptrend to continue.

The idea will be invalidated if Bitcoin breaks below 75,480 and continues to decline beyond that level.

Apr 22

Trade closed: target reached