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Coin Circle Liying: 3.31 Bitcoin (BTC) breaks through the middle track resistance, bulls aiming for 70,000? Latest market analysis and operational suggestions.

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币圈丽盈
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4 hours ago
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Coin Circle Liying: On March 31, Bitcoin (BTC) breaks through the middle track resistance, are bulls aiming for 70,000? Latest market analysis and trading advice

  

  Family! Bitcoin finally breaks the deadlock of low volatility! The price breaks through the Bollinger Band middle track at 67906 with a large upward candlestick, and stands above MA7 and MA30. The MACD forms a golden cross below the zero axis, and the red momentum bars continue to expand, officially heralding a counterattack from the bulls! However, the upper MA120 and previous high resistance at 68088 are still eyeing closely, and caution is needed in the short term for a pullback after a false breakout.

  

  The Bollinger Band has broken through the middle track, and the opening is beginning to show. The distance between the upper track at 67906 and the lower track at 65922 has shifted from extreme convergence to mild expansion. The price breaks through the middle track 67906 with a large bullish candlestick, indicating that the bullish momentum prevails in the short term. The current price is running just below the upper track of the Bollinger Band. If it can stabilize above the upper track, it will open an upward space targeting 69000-70000. The moving average system shows a short-term golden cross, and the MAs are diverging upwards, providing support to the price. If MA120 breaks through and stabilizes, the bullish trend will accelerate; otherwise, it may trigger a pullback. The MACD indicator's golden cross is confirmed, with momentum continuing to expand, the bearish momentum completely exhausted, and bullish counterattack signals clear.

  

  Short-term trading strategy (Liying's personal instruction, precisely targeting the market)

  

  Long position strategy: 67900 to 67950, target 68800 aiming for 69500, stop loss at 67750

  

  Short position strategy: 67850 to 67800 encounters resistance, target 66800 aiming for 66000, stop loss at 68000

  

  Liying's message: There are plenty of opportunities in the coin circle, but what is lacking are the eyes to see through the essence and the hands to execute strictly. Stabilize your mindset, and you can laugh until the end!

  

  Risk reminder: The above analysis is based on real-time market data and is for reference only, not constituting investment advice. Trading risks are borne by the trader.  

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