March 27/If the big pie can’t be broken, where will the copycats have a chance to take off?
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🔹Cognitive Society Reviews
On March 26, Bitcoin sprinted to 71,500 and then stepped back to 69,200. This shows that Cognitive Society was right in saying that Bitcoin 68,500 is a strong pressure level. After the main force pulled the market to squeeze the market, it still stepped back to around 68,500.
As long as Bitcoin holds 68,000, the market outlook will repeatedly sprint to 71,000 to 73,000. As the early highest point near 73,700, it is the core selling pressure.
The monthly chart of Bitcoin in March is still a positive chart at present, which is a good thing in the short term, but not a good thing in the long term, because the monthly chart of Bitcoin has been positive for seven consecutive months. If the chart continues to be positive, it will rise by at most 3 more points. The month is at the top of the weekly line.