Analyst: BTC pullback to $70-74K is still likely, investors need to stay cautious

2025-03-11 11:50:59

Odaily Planet Daily News FxPro's senior market analyst Alex Kuptsikevich said that the BTC daily chart is still in a bearish mode, indicating an intensified dumping after failing to hold the 200-day moving average, which means that the possibility of a pullback to the range of $70,000 to $74,000 is still quite high, investors need to remain vigilant. (Coindesk)

BTC2.72%

ALEX-0.22%

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LongAndShortLeeks

· 03-11 12:44

Odaily Planet Daily reported that FxPro senior market analyst Alex Kuptsikevich stated that the Bitcoin daily chart remains in a bearish mode, indicating a phenomenon of intensified dumping after failing to hold the 200-day moving average. This suggests that the likelihood of a pullback to the range of $70,000 to $74,000 remains high, and investors should remain vigilant. (Coindesk)

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GateUser-58a4604d

· 03-11 12:04

Hold on tight, we are about to To da moon 🛫

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CoolXSupremeEdition

· 03-11 11:53

Thinking too much, right?

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