March 19 Bitcoin Morning Public Strategy



Bitcoin price has quickly pulled back from yesterday's high of 74633, hitting a low of 70456, completing a profit-taking session after a period of overbought conditions.

From the 15-minute K-line perspective, after the decline, the price has entered a consolidation range between 70500-71500, with volume gradually declining and selling pressure easing. The short term has entered a recovery phase.

On the 4-hour level, MACD has crossed below and is diverging downward, RSI has retreated to the neutral zone. The short term still requires consolidation and adjustment, and we need to wait for indicator recovery to complete. The daily level remains in an uptrend channel, and this pullback represents a healthy technical correction without breaking the medium-term bullish structure.

Operation Suggestions: Establish long positions around 70800-71200, first target 72000, second target 73000

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$BTC $ETH
BTC-1,06%
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