The current chart structure of Bitcoin is very clear, and the bulls have firmly stabilized their position. The 1-hour level appears to be moving in steps, with the bottom getting progressively higher, K-lines steadily riding the Bollinger middle band upward, and any pullback is quickly "filled in" by capital inflows. Switching to the 4-hour chart, the Bollinger Bands are opening upward, with price running along the upper band—this is definitely not a soft rebound, but a legitimate trend market. In such a situation, following the trend is the only choice.
Trading Recommendations On pullbacks to 74,100-73,600 area, go long with targets at 75,400-76,000 and 77,000 if breakout continues. #Gate广场AI测评官 #比特币突破7.5万美元
March 17 Midday Market Analysis
The current chart structure of Bitcoin is very clear, and the bulls have firmly stabilized their position. The 1-hour level appears to be moving in steps, with the bottom getting progressively higher, K-lines steadily riding the Bollinger middle band upward, and any pullback is quickly "filled in" by capital inflows. Switching to the 4-hour chart, the Bollinger Bands are opening upward, with price running along the upper band—this is definitely not a soft rebound, but a legitimate trend market. In such a situation, following the trend is the only choice.
Trading Recommendations
On pullbacks to 74,100-73,600 area, go long with targets at 75,400-76,000 and 77,000 if breakout continues.
#Gate广场AI测评官 #比特币突破7.5万美元
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