April 13 Bitcoin Market Analysis

Current Quote
71,081, 24-hour fluctuation range 70,458 - 72,147, with a slight intraday pullback of 1.48%; overall, it is in a high-level range-bound pattern.

Short-term Support
MA7 (7-day moving average) is 71,030, which is highly aligned with the current price of 71,081, forming immediate dynamic support. After the price retests this moving average, it rebounds quickly, showing short-term bullish follow-through.

At the daily level, Bitcoin has closed above 71,000 for 3 consecutive days, forming a high-level consolidation platform. After the MACD golden cross, the red histogram bars have shortened, but no cross has occurred. Although upward momentum has weakened, it has not fully exhausted. On the 4-hour level, the MACD is tangled around the zero axis, with no clear direction for now. You need to wait for a breakout with volume on the daily/4-hour level to confirm that the trend continues. Overall, short-term bulls have the upper hand, but the mid-term trend still needs to break through MA99 to confirm the reversal.

Trading Suggestions
Go long on a pullback to 70800-72000
First target 72000
Second target 72300$BTC