On April 15th, Bitcoin at 72,000 still has upward momentum as it hasn't fallen below that level. There are too many bears; a rise of two or three thousand points can take out a lot of bearish liquidity. It will only start a smooth decline when bears dare not short anymore. This week and next week, the main players will continuously accumulate liquidity below through various means until they can support the next wave of decline. This is just a rebound in a bear market. The resistance zone above at 78,000-81,000 is a very good point to open a short position.

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