#BTC 4/17 Sore afternoon Bitcoin outlook

Bitcoin has attempted to break through the 76,000 resistance twice without success, with a second high point lifting, indicating a somewhat strong 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, possibly leading to a deep pullback to gather strength for another attack.
Pay attention to the 74,266 neckline support: holding steady may allow a third attempt to break through, while a break below points to the flag pattern's head neckline at 73,385. This level has been tested multiple times and is relatively weak, most likely to be lost. After establishing a head pattern on the hourly chart, a continued pullback is expected, targeting 72,578.
If the range is not broken upward or downward, the price will remain in a consolidation between 73,558 and 75,420. Only when it returns above 74,826 can it have the condition to challenge 76,000 again.

Trading suggestions:
• Break through 74,807 with volume, go long, target 75,535-76,000
• Break below 74,285 with volume and fail to rebound, go short
• Hourly chart: stay above 74,807 to look for 75,535-76,000
• 4-hour chart: break below 74,328 to look for 73,419-72,380