2026-03-19 02:57:36

March 19 Bitcoin Morning Public Strategy

Bitcoin price pulled back sharply from yesterday's high of 74633, with a low touch of 70456, completing a profit-taking realization after a round of overbought conditions.

From the 15-minute K-line perspective, after the decline, it entered the 70500-71500 range for consolidation, with volume gradually shrinking and selling pressure easing. Short-term has entered a recovery phase.

On the 4-hour level, MACD has crossed down and is diverging lower, RSI has fallen back to the neutral range. Short-term still requires consolidation and adjustment, awaiting completion of indicator recovery. The daily level remains within an uptrend channel, and this pullback is a healthy technical correction that has not compromised the medium-term bullish structure.

Operation Suggestion: Layout long positions around 70800-71200, first target 72000, second target 73000

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BTC-4,44%

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