BTC 🪙： Short-term rebound facing resistance near the upper Bollinger Band, current price 74303.5, with the middle band (74075.7) as key support and upper band (74486.5) as strong resistance; MACD shows a golden cross but weak momentum, overall still in a high-level oscillation bearish pattern. If price faces resistance at upper band 74500 and pulls back, it will test the middle band 74000, and breaking below opens downside space toward the 73800-73500 zone; if the rebound breaks above the upper band, short-term would be bullish, with caution needed at 74800-75000 resistance levels. 🎯 BTC Strategy (Bearish Bias) • Short entry zone: 74500-74800 • First target: 74000 • Second target: 73600 • Stop loss: 75000
$BTC 📊 March 18 BTC Technical Analysis & Strategy
BTC 🪙：
Short-term rebound facing resistance near the upper Bollinger Band, current price 74303.5, with the middle band (74075.7) as key support and upper band (74486.5) as strong resistance; MACD shows a golden cross but weak momentum, overall still in a high-level oscillation bearish pattern.
If price faces resistance at upper band 74500 and pulls back, it will test the middle band 74000, and breaking below opens downside space toward the 73800-73500 zone; if the rebound breaks above the upper band, short-term would be bullish, with caution needed at 74800-75000 resistance levels.
🎯 BTC Strategy (Bearish Bias)
• Short entry zone: 74500-74800
• First target: 74000
• Second target: 73600
• Stop loss: 75000