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$BTC 📊 March 13 Bitcoin Market Analysis & Strategy
BTC 🪙:
The short-term rally has pulled back to oscillate near the midline. Current price is 71154.2, Bollinger Bands are opening upward, and the overall trend remains bullish. The MACD death cross represents short-term correction and does not change the uptrend structure.
Price is consolidating above 71000. If the midline at 70973.3 can hold firm, it will continue to push toward 72000 and above. The key support level below is 70500; if it fails to break effectively, the bullish trend remains unchanged.
🎯 Bitcoin Strategy (Long Bias)
• Long Entry Range: 70000–70200
• First Target: 71000
• Second Target: 71600
• Stop Loss: 70000