Market Outlook

Break through 74, expecting 78-81 by end of March
Bitcoin briefly broke through 74 this morning and is currently hovering around 74
As mentioned earlier, we should watch the range movement on Monday. If it breaks through 74, it may reach the 78-81 range
Currently, I am inclined to believe that we will break through 74 this week, then break through to the 78-81 range by the end of March
On smaller timeframes, we can see that $BTC 's pullbacks have been very shallow, rejecting deep pullbacks; the order book below is also continuously pushing upward
Therefore, formally breaking through 74 should only be a matter of time
After the break, the next target level is 78-81, with 81 having a CME gap that needs to be filled, which is reasonable
Currently cannot see higher levels above 81, the gap filling may mark the end of this phase of the rally
After the rally ends, April should be the main downtrend
The chart replicates the movement pattern of the March 2022 rebound fractal, for reference
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