3.24 Bitcoin Public Analysis:

K-line Pattern: Consecutive bearish candles, declining highs, trapped in downtrend channel.
Moving Average Structure: Short-term MAs pressing down, price under pressure across the board, strong bearish control.
MACD: Death cross continuing, green histogram expanding, sufficient bearish momentum.
RSI: Weak trend, ineffective rebounds.
Bollinger Bands: Opening downward, price hugging the lower band, clear bearish bias.
Rebounds face resistance, upside lacks strength, overhead zones filled with resistance levels. Short-term likely to consolidate and weaken, look to short on bounces.

Bitcoin: Rebound to 71,000-71,500 can move lower
First target 70,000, Second target 69,000 (use caution)
$BTC #Gate13周年全球庆典