On Tuesday, 3.31, the market moved sideways and upward, with a pullback to continue the bullish trend.

At the beginning of the week, Bitcoin showed a short-term bottoming and rebound pattern. The price rose from 64,900 all the way up to around 68,400. After turning bearish last week, this week the market decisively shifted to a bullish outlook, and the trend moved upward as expected. Yesterday’s strategy and current price positions have all realized profits. Friends who followed the rhythm also continued to achieve satisfactory results. The short-term trend is gradually rising. For future operations, maintain a low-buying approach!

From a technical perspective, the daily chart shows that after a series of downward candles, there are two consecutive bullish candles. The rebound is gradually recovering the previous decline. The short-term trend is beginning to rise steadily. The price touched the lower Bollinger Band and started to rebound. The primary focus now is on whether the 70,000 resistance level can be broken for further upward movement. Currently, the market is still in a wide-range tug-of-war, with some rebounds after downward stops. In the short term, it’s advisable to stay bullish on dips and buy on pullbacks.

Tuesday midday, it is recommended to buy Bitcoin around 67,500-67,000, targeting the 69,000-70,000 region. $BTC #BTC能否守住6.5万美元？