#BTC Tuesday, April 14th, Afternoon Bitcoin Market Analysis

Completed the flag pattern breakout and reached a new high, confirming an obvious bullish trend on the right side. After the breakout, two pullbacks to the upper boundary provided entry opportunities, followed by a stair-step rally that continuously suppressed the bears.
As long as the 74,300 support holds, there is potential to challenge 75,537. The current bullish trend has just begun, and the risk of shorting at high levels is extremely high. This round of market is mainly driven by short squeezing, and the probability of a deep correction before thoroughly clearing out the bears is low.
If it falls below 74,300, first watch the 73,288 support; if further lost, then look at 72,281 and the upper boundary of the flag pattern. As long as it does not fall back into the flag structure, it is considered a normal pullback.

April 14 Afternoon Bitcoin Trading:
Volume breakout above 74,445: go long on the right side
Volume drop below 74,084 with weak rebound: go short on the right side
Hourly chart stabilizes above 74,445: target 75,687-76,760
Four-hour chart breaks below 73,898: target 72,898-71,445