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(March 17 Afternoon) BTC Chart Analysis:
On the four-hour timeframe, price broke above the upper Bollinger Band and pulled back slightly. It is currently trading between the middle and upper bands, which represents normal technical correction within an uptrend. Although the one-hour cycle briefly broke below the middle band support, it has recorded consecutive bullish candles, and bullish momentum is gradually reclaiming lost ground. Short-term stabilization signals are evident.
Key focus: Monitor the effectiveness of the 73500 support level. As long as this level holds, the bullish structure remains intact, and the market can continue with a bullish bias. Wait patiently for the next round of upside movement.
$BTC #比特币站上7.5万美元