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March 16
【BTC】 Latest Market Analysis
Bitcoin has arrived as expected, conforming to the secondary resistance level discussed in the previous two days. The current price is preparing to approach the 74K-75K resistance area. There are two possible scenarios here: 1. Direct breakthrough of resistance moving up to around 79K resistance. 2. After retracing, continue pushing up to break through the first resistance and reach the second resistance. Both the retracement to lower levels below and the retracement after breakthrough are good entry positions.
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