Bitcoin Trading Ideas for April 20

Intraday BTC Market Analysis: From the 4-hour BTC chart, it surged to around 85700 yesterday, facing resistance and pulling back by a thousand points. The upward pressure remains strong, but the trading idea stays the same, maintaining a bullish outlook. Trading volume is decreasing, and selling pressure is diminishing. Regardless of which side breaks, there will be a significant volatility.

Closely monitor the resistance and breakout results.

Trading Plan: BTC

1- Focus on the resistance results near 85500; if it breaks, chase the rise, and if it faces resistance, short at high.

2- Focus on the support results near 84000; if it stops falling, go long, and if it breaks down, chase the short.