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3/21 BTC Morning Market Analysis
BTC broke through 71k yesterday. The 70k long strategy we provided earlier played out as expected, with the market moving 1300 points in our favor. Our live positions captured 1200 points. Subsequently, we provided a strategy to go long on the 69500 level retracement, and today the market moved over 1000 points as well. Our loyal followers witnessed this firsthand.
Regarding the current market situation, my analysis remains unchanged. Currently, the small timeframe only formed a bullish wedge. Of course, this rally is merely a rebound, not a trend reversal. After this counterattack bull trap, the market will continue to decline.
Trading Recommendations
BTC 71300-71800 range: target below 70000
Those who foresee the future get the meat, those who catch on later get the broth, those who remain oblivious become the bagholders. If you can't read the market well or trade effectively, consider following us in this crypto battlefield.