March 29th Bitcoin Analysis

The short-term structure of Bitcoin has shown signs of improvement:
The hourly lows are gradually rising, and after breaking through previous isolated highs, it has returned to trade within the 66,506–66,818 resistance zone. The pullback to 66,265 supports has confirmed validity, and the rebound structure is intact.

Currently, focus is on the rebound, not a reversal.
As long as it stays above 66,265, there is a high probability of testing the previous high at 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 at 65,506 for support;
Once it breaks below 65,506, this round of rebound is over, and the downward trend continues.

Trading suggestions:
• Break above 66,966 with volume → Go long on the right side, expecting the rebound to continue

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

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

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