Cryptocurrency Scholar: On April 21, the Bitcoin Bollinger Band opens upward, bullish momentum continues, how high can this rebound go? Latest market analysis and trading advice
The current price of Bitcoin is 76200. There is no forever one-sided market in the cryptocurrency space, nor are there absolutely risk-free trades. I reminded everyone yesterday that the market reaching 74000 could head north; this is not a divine prediction, but just a choice made following the trend signals. During periods of repeated fluctuations in the market, do not rashly chase after rising prices or panic sell; setting a proper stop-loss is more important than anything else. Trading is about discipline and mindset, not luck; taking it slow will help you go far.

The daily candlestick breaks through the EMA15 moving average resistance, standing above a key short-term support level. The MACD indicator's red bars continue to expand, and after the DIF and DEA golden cross, they are moving upward, with bullish momentum gradually accumulating. The middle band of the Bollinger Band at 71970 provides effective support, and the price is making an upward attempt toward the upper band at 78325. If it cannot break out with volume, it is likely to enter a horizontal consolidation phase.

The four-hour candlestick is fluctuating near 76288, with the EMA moving averages arranged upwards, indicating a short-term bullish trend. The MACD indicator's red bars are decreasing in volume, and the DIF and DEA are flattening out, suggesting a weakening of bullish momentum and a need for a pullback. The middle band of the Bollinger Band at 75757 has strong support, and the price is encountering resistance near the upper band, making a short-term pullback likely to confirm support before choosing a direction.
Short-term strategy reference: Follow the trend of the larger cycle, use small stop-losses for quick entry and exit
Going north from 75000 to 74500, stop-loss at 74100, target looking at 76500 to 77500; if broken, look at previous highs
Going south from 78000 to 78200 encountering resistance, stop-loss at 79100, target looking at 76500 to 75500 for quick entry and exit
To be honest, the most useless thing in the cryptocurrency space is hindsight analysis. When I called for going north at 74000, some said I was chasing the high; looking back now, following the signal is still the most reliable. Market movements are unpredictable, but controlling one's hands and avoiding chasing prices are key. Don’t just envy others' doubled positions; they set stop-losses and endure the volatility. For us ordinary people in cryptocurrency, we don’t seek to get rich quickly; being steady and earning profits we understand is enough.

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