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April 14 Morning Bitcoin Analysis
This round of market movement has completed the full bullish cycle of "correction and bottoming → trend reversal → unilateral rally," with bullish momentum thoroughly dominating the market. The trend direction is clear and reliable. Currently, the price is at a relatively high level in recent times, so do not blindly chase long positions.
The key support zone below is anchored around 72,000-73,000, which is a crucial intermediate platform for this rally.
If support holds steadily, it is advisable to position for long trades, continuing the bullish trend;
The main resistance zone above focuses on around 75,000-76,000, which is a historically significant psychological barrier and a strong trend resistance level.
If a sharp rise encounters obvious resistance, consider light positions for short-term pullback trades.
If the resistance zone is effectively broken through, it indicates the official start of a new bull market, and holding positions to reach new highs is recommended.