#BTC能否守住6.5万美元? On Tuesday, Bitcoin's price was exploring a bottom around the 65,000 level, forming a volatile upward pattern. After a dip and rebound, the price continued to rise, retreating after reaching 66,200 to halt the decline, then rebounding to 68,500, continuing to fluctuate. Currently, the price remains consolidated at 67,600.



Today is the last day of March, and the monthly candle is about to close. If it closes as a bullish candle, the subsequent trend may lean more toward a bullish pattern. On the daily chart, the candlestick is operating above the lower band and has closed positively. The MACD is shrinking in the bearish zone, and the fast and slow lines are forming a golden cross at the bottom, indicating upward momentum. Overall, the market trend appears to be upward.

On the four-hour chart, Bollinger Bands are narrowing in a parallel state, with reduced volatility between the upper and lower bands. However, the bulls are continuing to increase volume. If the volume is solid, the price could further rise and open an upward channel. Based on the current market pattern, I am more inclined to see a bullish outlook.

Bitcoin retraced to the 67,000-66,500 range, with a phased bullish outlook. The first target is around 68,500, and the second target is near 70,000. These levels are personal suggestions and for reference only.
BTC0,45%
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