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Market Analysis 3/12
I've been bearish on Bitcoin these days, although it has poked up several times during this period. Holding positions has been a bit uncomfortable😣, but I still want to highlight the key levels.
1) Critical level at 69,000. Falling below this could form an hourly double top and also signal the end of the upward rebound.
2) Support below around 67,000, which is the previous low point and also near the ascending trendline.
Waiting for the orange arrow to play out—whether right or wrong, we'll know in the coming days. The market will provide the answer#BTC #btc #eth #微策略再砸12.8亿美元增持BTC $BTC