3.4 Evening Bitcoin Analysis: Short-term strong rally breaks through 71,000, ending over 20 days of weakness.
Early this morning, BTC remained under pressure at 69,000 with stagnant prices, then dropped to 67,350 at noon before stopping the decline and rebounding;
In the afternoon, it gradually rose to touch 69,000, with bullish momentum, and currently, it has surged past 71,000 in one go, approaching 72,000.
This rally ends the pattern of over 20 consecutive trading days of low-range oscillation before and after the Spring Festival, with the price rebounding from the oversold level of 59,800
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