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Today’s Bitcoin outlook is leaning towards short-term swings
On March 28th, there was a sharp decline, followed by a range-bound consolidation. On March 29th, an attempt to rebound was made but the previous high was not broken, indicating a typical oversold weak correction pattern.
If the price pulls back to and stabilizes around the support level of 66,000, consider entering long positions.
Stop loss: 65,600
When the price rebounds above the 67,000 resistance level and encounters resistance, consider entering short positions.
Stop loss: 67,200 above the resistance level
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