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Keep a close eye on the developments in the US-Iran situation.
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Evening Bitcoin Market Outlook
Bitcoin has currently fallen below the consolidation range of 77467-76917, starting a phase of periodic pullback. If it fails to regain and run back within this box, it will most likely retest the flag’s upper trendline around 75785. If this level is broken and price returns inside the flag, it will further test the flag’s lower trendline at 74119. Once there is an effective breakdown below 73426, the downside room will open further.
Saturday’s market is often extreme—either narrow-range oscillation or a large move. Since this rally has been relatively strong, a
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The idea has already moved out of more than 600 points of space
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🍉4/18 Midday Big Bitcoin Outlook
Big Bitcoin just broke through the descending flag pattern and even made a new high of 78300, getting the bears shaken out hard.
But right after the new high, it immediately closed with a shooting star candle, showing that heavy sell pressure is above—so it’s rolling back now, running below 77375.
The rally is too fast and the slope too steep; it was never healthy to begin with—pulling back is normal, not a reversal.
Outlook prediction:
◦ If it keeps failing to stand above 77375: most likely a retest toward the upper side of that flag pattern at 75837
◦ If 758
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The second target position at 76,000 has been reached $BTC
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You didn't miss this surge, it's a free opportunity, choose a segment to post $BTC
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The first target has been achieved; now it's up to whether the 76,000 barrier can be broken.
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A normal pullback should not cause panic. When the correction ends, it is an opportunity to go long.
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MyCh093:
Buy to earn 💎
Midday Double Bubble Strategy
Double Bubble yesterday falsely broke out of the flag pattern and formed a variant Morning Star, but failed to break through the flag and pulled back. Now it's testing the lower boundary again. As long as it stays above 2257, it's fine; breaking below indicates weakness.
Trading suggestions:
For 2338, if there's a volume breakout, go long directly, set a proper stop loss;
For 2317, if there's a volume breakdown, go short directly, don't forget to set a stop loss.
Support at 2273 stabilizes; if it breaks below 2232, exit;
If it stabilizes above 2338, look for 2363-
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🌰4/17 Midday Bitcoin Market Outlook
Bitcoin failed to break through the 76,000 resistance after two attempts, with the second high point rising, indicating a slightly stronger structure; if the high points gradually decline, the bullish momentum weakens. After three attempts, if it still cannot break through, the bullish momentum is likely to exhaust, and a deep pullback to gather strength before re-attempting is expected.
Pay close attention to the 74,266 neckline support: holding steady could lead to a third breakout attempt; breaking below suggests a move toward the head and shoulders neck
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