3.20 Bitcoin Summary

Daily Bitcoin Trading Range ➕

Silk Road Path is Clear and Definitive:
Upper key resistance at 71,000 - multiple batches of short positions can be deployed upon resistance pressure;
Lower core support at 69,000 - multiple batches of long positions can be tested upon stabilization and bottom confirmation.

Actual market price action verified multiple times:
In the morning, stabilized and moved up from the support zone, twice attempted to break above the 71,000 level but failed to hold effectively, in the evening pulled back again to near the support level.
Overall trend direction, bull-bear rhythm, and key price levels all highly aligned with the forecast.

Deep market expertise with years of experience, letting data speak for itself, every forecast withstands market verification
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