Bitcoin broke through its previous high again, reaching a high of 79444 before pulling back. The daily chart closed with a doji, indicating consolidation. This doesn't mean the current upward trend has ended, but rather it's a normal pullback pattern. The 4-hour chart shows three consecutive bearish candles, pulling back from the upper Bollinger Band, but still some distance from the middle band support. Currently, support is above the middle band, around 76800, which is also our stop-loss point for long positions today. Ethereum, on the other hand, only has the lower Bollinger Band support on the 4-hour chart, around 2270. Set a stop-loss order. We still expect a strong bullish attack, and our strategy remains to buy on dips. If it breaks through 80000, we expect further gains. Bitcoin can be bought around 77500 tonight, with a target near the 80000 mark; Ethereum can be bought between 2320-2300, with a target around 2450.
Bitcoin and Ethereum Current Price Strategy Recommendations for the Evening of April 23rd
2026-04-23 08:54:19
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