3.12 Morning Bitcoin Roadmap
Last night, Bitcoin quickly rebounded after bottoming out at 68,900, reaching a high of 71,286, then pulling back to hover around 70,000. Currently, it is in a consolidation phase after a sharp rise and fall, with bulls and bears repeatedly battling at the 70,000 level.
- Support levels: 69,500-69,000 are short-term key supports. If these are broken and hold, the next support could be at 68,500.
- Resistance levels: 70,500-71,000 are the current strong resistance zone. If volume increases and it stabilizes above this range, the target could be up to 71,500.
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