Bitcoin Trading Strategy for April 15

Intraday BTC Market Analysis: Looking at the 4-hour BTC chart, there were two downward spikes that quickly recovered above the support line. Focus on the support level for a low-long position on the 4-hour timeframe, and flexibly seize long opportunities.

BTC has not surged three days after the breakout; is this breakthrough real? Is it just a false signal? From a detailed analysis of the daily and 4-hour charts, the breakout remains valid, maintain a bullish outlook!

It should be noted that ETH is currently diverging from BTC in the larger direction, but a small-level ascending triangle is forming. Pay attention to differentiating your trading cycles before entering the market.

Trading Plan: BTC

1- Pay attention to the support around 83000--83500, if it stops falling, go long; if it breaks down, go short.

2- Pay attention to the resistance around 84500--85000, if it breaks through, go long.