Bitcoin Evening Analysis! Currently, Bitcoin has officially entered the critical battle at 66,346. This level directly determines whether the market will rebound or continue to decline, and the trend is very clear. At present, Bitcoin is fluctuating within a triangle range. It has been supported twice near 65,283, and the support below is temporarily effective. Whether it can strengthen depends on whether it can hold above 66,346. Only by breaking above this level can there be a rebound opportunity; if it cannot, it is likely to continue declining. The market also shows two W-bottom patterns: a small W bottom breaking through the neckline at 67,022, aiming to hit 68,248; a large W bottom breaking through 68,248, with a target around 69,300. After breaking through, reaching 70,123 is also not difficult. But the prerequisite is to first break through the triangle range; otherwise, these patterns are invalid. If it cannot break above 66,346, it will likely oscillate within the range; if it breaks below the lower boundary of the triangle, it will first test support at 64,605, and if broken, it will drop to 63,140. On the 4-hour chart, Bitcoin is trying to stay above the EMA20 and 50-day moving averages. Successfully holding above them could trigger a rebound. The candlestick shows both a Morning Star and a piercing pattern, and the final direction depends on how the next candlesticks develop. A strong bullish close indicates a rebound, while a break below signals a correction. $BTC Trading reference: A volume breakout above 66,687 can be considered a long entry; if it falls below 65,982 and cannot rebound back, consider shorting, and be sure to set stop-loss orders. On the hourly chart, if it stabilizes above 66,346, look for 67,108-68,144; on the 4-hour chart, if it breaks below 65,778, watch for 64,933-63,713.

#Bitcoin remains above the support line, but the choppy movement continues. There have been no positive developments yet, and the movement persists. A strong #move may occur this week, so be prepared. #Crypto $BTC

Bitcoin has now posted five straight red months, falling from $126,000 in October 2025 to around $65,000 by March 2026. > 2018 bear market: Also saw a 5-month decline > 2022 bear market: down ~64% overall, but never printed five consecutive red months