The current chart structure of Bitcoin is very clear, with the bulls firmly holding their ground. On the 1-hour level, it appears to be climbing in steps, with the bottom getting higher and higher. The K-lines are steadily treading on the Bollinger Band midline moving upward, and any pullback is quickly "filled" by capital inflows. Switching to the 4-hour view, the Bollinger Bands have opened upward, with price running along the upper band. This is not a soft rebound, but a genuine trending move. In this situation, following the trend is the only choice.
Trading Suggestions
Buy near pullbacks to 74100-73600, with targets around 75400-76000. If broken, continue looking up at 77000. #Gate广场AI测评官 #比特币突破7.5万美元
March 17 Midday Analysis
The current chart structure of Bitcoin is very clear, with the bulls firmly holding their ground. On the 1-hour level, it appears to be climbing in steps, with the bottom getting higher and higher. The K-lines are steadily treading on the Bollinger Band midline moving upward, and any pullback is quickly "filled" by capital inflows. Switching to the 4-hour view, the Bollinger Bands have opened upward, with price running along the upper band. This is not a soft rebound, but a genuine trending move. In this situation, following the trend is the only choice.
Trading Suggestions
Buy near pullbacks to 74100-73600, with targets around 75400-76000. If broken, continue looking up at 77000.
#Gate广场AI测评官 #比特币突破7.5万美元
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