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3/14 Midday Bitcoin Analysis
Last night surged to 73870, forming a false breakout at 73527, failed to break previous high of 74000, forming a top pattern, followed by pullback, broke below flag pattern, broke below 71272 support level, tested 70440 and stabilized with oscillation.
Currently short-term oscillation is bearish biased, oscillating in the 70440-71272 range, with bulls and bears at a stalemate.
Trading Suggestions:
Volume-backed breakout above 70989 and consolidation above it, targets 71471-72276, stop loss below 70440
Volume-backed breakdown of 70443 with failed retest and no close recovery, targets 69227-68350, stop loss above 71272
4-hour level: Break below 70332 → Watch 69381-68311.
$BTC #Gate广场AI测评官