On the 1-hour chart, the price surged past the 70,000 mark but then retreated again, with obvious selling pressure above. The 70,000 level is temporarily unbreakable; the market is likely to first consolidate and then attempt to push higher. In the short term, focus on buying low and selling high.
Personal suggestion: Around 69,000–70,000, with a target of 67,000–66,000 $BTC $ETH
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March 4th Morning Bitcoin Silk Road
On the 1-hour chart, the price surged past the 70,000 mark but then retreated again, with obvious selling pressure above. The 70,000 level is temporarily unbreakable; the market is likely to first consolidate and then attempt to push higher. In the short term, focus on buying low and selling high.
Personal suggestion:
Around 69,000–70,000, with a target of 67,000–66,000
$BTC $ETH