April 22 Midday Big Cake (BTC) Trading Ideas



Hold firmly and look toward the 80,000 level. Now the market is repeatedly washing back and forth; in essence, it’s washing out the floating positions in the crowd that aren’t firm. Don’t get shaken out by short-term oscillations, and don’t let chaotic noise analysis throw off your rhythm.

Although the pullback this time to fill the gap is clearly weaker than the upward momentum in the previous round, as long as the signals that indicate a phased top have not all come through, we can continue to firmly look for a bullish BTC run.

First, clarify the four core judgment criteria for BTC’s true phased top:

1. For Bitcoin at the 1-hour level, the 12EMA and 144EMA produce a moving-average death cross and move into a bearish alignment—this has not appeared yet;
2. For Bitcoin at the daily level, it forms a standard top reversal structure—currently the daily chart is only a benign consolidation that includes the formation, and it has not constructed a top;
3. For Bitcoin at the 1-hour level, the moving averages are fully turned into a bearish trend alignment—this has not taken shape yet;
4. For Bitcoin at the daily level, it breaks below key support of the long-term moving averages—right now the price is still far from the strong 78939 support from the daily EMA144, leaving plenty of room.

At present, all four bearish signals above are not valid, and there is completely no reasonable logic to be bearish or to short.

In today’s market, BTC has repeatedly pulled back near 75,000 and then quickly surged back to stabilize. This level is the first core defense line for the bulls in this round.
If the price falls again to retest that zone, and effectively breaks below this session’s intraday low of 74778, it means bullish momentum is starting to fade, with a very high probability of triggering a 1-hour moving-average death-cross warning.

Looking even further, if BTC sells off deeply and retraces to the vicinity of the April 17 low at 73256, then at the daily level there is a very high probability that it will form a completed top reversal structure.
Once the 1-hour micro-level trend is completely broken, it will further transmit and intensify, ultimately dragging down the overall upward trend at the daily level.

Today’s BTC is already close to the gap-fill zone. In the short term, just keep a tight watch on key support. As long as the core defense is not broken, the bullish upward trend in this round $BTC will remain fully intact. You can rest assured and hold your low-entry long positions.

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