3/15 Bitcoin Weekly Market Analysis

The overall market is currently in consolidation, with the major level choosing its direction. For a bullish outlook in the future, the 4-hour must break out; the daily and 2-day must break out. Once breakout occurs, 5000 is the bottom support. Control your position sizing. If no breakout occurs, consolidation continues or even a downward breakout, which also has 5000 as the bottom support.

Bitcoin Resistance Levels Above: 71500/71700 72000/72500
73000 73800 74000/74500 75200 76300 77300 78300 79500 80000 80500

Future Bullish View: a: Pullback does not break the 15-min 30 line - Can continue going long
b: 2-hour and above must turn bullish - Will welcome a new 4-hour bullish cycle, upper breakout near 6-hour 256 MA
c: 4-hour must break upward; daily or 2-day must break out - For major rallies, must close above 3-day midline

Breakout Level 1: 71000 - Can watch 72500/72700 - No break = short
Breakout Level 2: 73000 - Can watch 73800/74000 74500 - Daily 60 line, 2-day 30 line
Breakout Level 3: 74500 - Can watch 75000/75500 76300 - 6-hour 256 MA
Breakout Level 4: 76500 - Can watch 77500 78300 79500/79700
Breakout Level 5: 80000 - Can watch 80500 81500 82000

Future Bearish View: a: 2, 3, 4-hour upper band not broken - Can short with stop loss to prevent breakout
b: 1-hour and below must form second death cross - Can short; major level must form second bearish cycle

Support Levels Below: 71000 70500 70000 69300/69000 68500 67300 66200 65200 64000 63300

Breakdown Level 1: 71000 - Can watch 70500 70000
Breakdown Level 2: 70000 - Can watch 69500 69000 - 6-hour lower band
Breakdown Level 3: 69000 - Can watch 68500/68300 68000
Breakdown Level 4: 68000 - Can watch 67500 66500 66000 - 12-hour lower band

Note ⚠ Heavy positions must use stop loss at 350 points - Strictly follow position management rules
⚠ Support and resistance levels swap at any time