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TheBuzzingBee

#Bitcoin is trending bullish on the 4H, making higher highs and higher lows after reclaiming the 70K area. Price is now pushing into a major supply zone around 75K–78K, which is acting as resistance. A clean breakout above this zone could continue the move toward new highs, while rejection may lead to a pullback toward the 68K–70K support region.



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CandlestickChartsUnderThe
· 04-20 18:54
If the daily chart closes above 78K and then retests without breaking below, it truly indicates a continued push toward new highs.
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GateUser-5578154d
· 04-20 07:14
I'm more worried about false breakthroughs: pushing up and then being knocked back down, chasing too much easily gets washed out, it's more comfortable to re-enter at 68-70K.
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Hermit96
· 04-20 05:46
Set up an ambush early for the World Cup Clutch, wait for the World Cup to bring a big wave
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GaslightSamurai
· 04-19 16:38
The supply zone between 75K-78K is too strong, don't FOMO, wait for confirmation before entering.
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GateUser-6857a9c9
· 04-19 16:12
If it stabilizes above 78K and accelerates, the next move could directly challenge the previous high or even reach new highs, watch for a pullback confirmation after the breakout.
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ThetaSideEye
· 04-19 16:10
In the supply zone, the bulls and bears are fighting fiercely. It is recommended to take profits in stages or move stop-loss orders upward, and do not let a single candlestick determine your conviction.
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L2Mailman
· 04-19 16:06
The 70K long position's support level is quite clear; if it drops below, exit; if it holds, continue holding.
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BudgetDeFi
· 04-19 16:04
Right now, it's about watching the trading volume; without volume, pushing hard at 78K will likely be met with selling pressure holding it down.
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PerpPessimist
· 04-19 16:02
The 4H structure is indeed strong; reclaiming 70K is very important.
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