BTC 3/24 Market Analysis

This week there's a high probability of ending the rebound that started at 67360. Currently, the longer the sideways consolidation lasts here, the greater the probability of a higher high above 71800 in the coming days. If the market follows the red route, around 72800 could be the potential end point.

If there's an accelerated decline tonight or even a full retracement of gains, the rebound may have already ended. A larger decline would increase the probability of following the blue route.

In terms of operations, look for another bounce to add to short positions.