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March 4th Midday Bitcoin Public Outlook
Currently, on the hourly level, there is a bullish trend, so the price should not break below the price channel. If it breaks below the price channel, lower lows will appear, and the hourly bullish trend will be broken. At present, Bitcoin's rebound is blocked at 68,970, and multiple upward attempts have failed to break through this resistance. The pullback has not broken below the support at 67,525. Without moving higher or lower, the price will fluctuate around 68,970-67,525 in a consolidation pattern.
Trading Suggestions:
Break above 68,397 and stabilize → Watch 68,907 → 69,526 → Previous high 70,100
If it breaks below 67,525 and cannot rebound → Watch 67,156 → 66,030 → 64,752