March 29th Bitcoin (BTC) Outlook

The short-term structure of Bitcoin has shown signs of improvement:
The hourly lows are gradually being raised. After breaking through previous isolated highs, it has returned to the resistance zone of 66,506–66,818. The pullback to 66,265 confirms support is valid, and the rebound structure is intact.

Currently, focus is on the rebound, not a reversal.
As long as it stays above 66,265, there’s a high probability of testing the previous high of 67,277 again;
After a successful break above 67,277, the next resistance levels are 68,126 and 68,963–69,506.

If it falls below 66,265, it will retest the previous low of 65,506 for support;
Once it breaks below 65,506, this round of rebound will be over, and the downward trend will continue.

Trading suggestions:
• Break above 66,966 with volume → Go long on the right side, look for continuation of the rebound

• Break below 66,265 with volume and no strong rebound → Go short on the right side, follow the trend

• 1H stabilizes above 66,966 → Target 68,142–69,200

• 4H breaks below 66,195 → Target 65,250–64,238