$BTC 📊 March 13th Bitcoin Market Analysis & Strategy


BTC 🪙:
After a short-term rally, price has pulled back to around the Bollinger Band middle band at 70973.3. Current price is 71154.2, with the middle band showing support strength. Although MACD shows a death cross signal, price remains in a strong zone with bulls dominating the pattern unchanged. Further pullbacks are expected to lead to upward corrections.

Price relies on middle band support. If it stabilizes above 71000, it is likely to challenge the previous high of 71979.2 again. The key support below is the lower band at 69832.8. If it doesn't break through effectively, the bullish trend will continue.

🎯 Bitcoin Strategy (mainly long)
• Long entry zone: 70800-71000
• First target: 71500
• Second target: 72000
• Stop loss: 70000
BTC3,01%
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