Bitcoin surged to a high of $68,900 on the previous night but faced resistance. Yesterday morning, it consolidated within this range, with a low of around $67,300 before stabilizing and rebounding. In the afternoon, it pushed up to $71,900, then slightly retreated, dipping below $70,600. In the evening, it moved in tandem with US stocks and the broader market, rallying to a high of $74,056 before pulling back slightly and consolidating. Currently trading around $72,500, a pullback is expected on the 4-hour chart. Watch the support zone between $71,200 and $70,500. If broken, the price may revisit the channel; if support holds, there is still upward momentum. The first resistance is at $74,500–$75,000. A breakout above this could target $79,200 and advance toward the $80,000 mark.

BTC0,97%
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BullAndBearBattlevip
· 03-05 01:02
Good luck and prosperity 🧧
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