3.16 Monday Morning Latest Analysis - High Position Under Pressure, Intraday Focus on Pullback
The weekend has ended, and a brand new week is quietly arriving. Wishing everyone good luck ahead!
As usual during the weekend, the market remained within the consolidation range until early this morning, when the bulls became somewhat aggressive and pulled up a wave, pushing BTC price to around 73200 before facing some pressure. It is currently oscillating around 72500.
On the short-term, bullish sentiment has regained market momentum. On the 4-hour chart, BTC has risen with the mid-track as support
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