2026-03-10 02:08:24

Based on the four-hour candlestick chart, Bitcoin is currently trading above the middle band, close to the upper band, indicating that the short-term bullish momentum is strong. However, approaching the upper band also means that an effective resistance has formed above, increasing the risk of a pullback. Meanwhile, the Bollinger Bands are gradually narrowing, indicating that price volatility is decreasing.

Support is around 67,684. If the price pulls back but does not break below this level, the bullish trend is likely to continue. Resistance is near 69,500. A volume breakout above this level could open up further upside space; otherwise, the price may retreat to the middle band for consolidation.

Recommendation: For a buy at around 68,600, look for a breakout above 70,500, then continue to watch for a move toward 74,000.

BTC4.3%

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