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March 6th Morning Bitcoin Silk Road
On the hourly chart, Bitcoin surged to around 73,500 and faced resistance, then pulled back. It is now entering a consolidation phase. The MACD bullish momentum is weakening, and the KDJ is forming a golden cross. It is advisable to buy in batches at lower levels.
Personal suggestion:
Buy within the 69,000-70,000 range, targeting 72,000-73,000.
$BTC