Crypto Circle Mr. Coin: 3.5 Bitcoin (BTC)) Market Analysis Reference Bitcoin Intraday Pullback and Rebound, Bullish Sentiment Slightly Warmed Up, Intraday Bullish Sentiment Remains Strong, Prices Continue to Test Higher in the Evening, As of the time of writing, the price is approaching the high near 73,800. If it breaks through and stabilizes, Mr. Coin expects the upward trend to continue, so it is recommended that everyone prepare in advance.

On the 4-hour chart, the price has consecutively broken through the previous high with large bullish candles, forming an ascending channel;
On the daily chart, on March 4th, a long bullish candle with a full body and no shadows was formed, fully covering the price fluctuations of the previous 5 trading days.
From a technical indicator perspective, the 4-hour MACD has crossed above zero, with the histogram continuously expanding;
The daily MACD has accelerated its divergence after a golden cross, and the price is steadily above the EMA7 (70900) and far from the EMA30 (68311), indicating a typical bullish arrangement.
Currently, there is no breakdown, so our strategy is mainly to wait for a pullback.
Support levels below are around 70,000-70,500.
Short-term reference for 3.5 Bitcoin:
Range 74,800-75,800,
Defense at 77,500,
Stop loss 500 points,
Target below 72,500,
Range 70,000-71,000,
Target above 72,000,
Stop loss 500#加密市场上涨 #美伊局势影响 $BTC $GT $ETH