2026-03-13 04:29:18

3.13 Intraday Analysis

Bitcoin's weekly chart shows a step-by-step consolidation pattern. After a strong surge on Sunday that broke away from the bottom, there was no significant pullback. Instead, it completed technical repairs by trading time for space, with the overall movement ranging narrowly between 68500-72000. The bulls and bears are reaching equilibrium in their positioning.

Currently, the market's oscillation center is steadily moving upward, with box support remaining effective and the bullish structure intact. The key focus going forward is on volume breakthrough at the 72000 level. A stable close above the upper band could trigger a new round of upward movement. Maintain a slightly bullish bias on oscillations and await directional confirmation.

Trading Recommendations:
Long Bitcoin near 69000-69500, targeting 72000 first, and 74000 if that level breaks.

BTC1,83%

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