April 21st Bitcoin Summary

Today’s Silk Road
The upper resistance is at the 76,500 level; if it cannot be effectively broken through, the current oscillation pattern will continue.
The first support below is at the 75,500 level; if the support holds, it’s a good opportunity to set up long positions to catch the rebound.

Actual Market
The first wave started near the upper resistance at 76,232, facing pressure, and began a pullback, bottoming out at 75,433, with a total range of 799 points.
The second wave stabilized near the support at 75,433, then rebounded, reaching a high of 76,999, with a total range of 1,566 points.
The third wave faced pressure at the upper resistance of 76,844, and started a pullback, bottoming at 75,631, with a range of 1,213 points.
The fourth wave stabilized at the support of 75,631, then rebounded to a high of 76,574, with a range of 943 points.
The fifth wave faced pressure at 76,574, and started a pullback, bottoming at 75,355, with a range of 1,219 points.

Nothing special, just another market validation of Silk Road’s judgment.
The levels are precisely set, allowing room for both bulls and bears to maneuver comfortably.
No chasing highs or panic selling, just follow the rhythm, and profits will come naturally.
The market is very cooperative, because the strategy is aligned with the right mindset.
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