The short-term support of Bitcoin is 63,000-62,000 US dollars, and the short-term pressure is 66,500-67,500 US dollars. Netanyahu called Biden to cancel the retaliatory strike against Iran. It can be said that the possibility of another big war in the Middle East has been temporarily lifted, and the price of the currency has responded positively and started to rebound from oversold. In the past 7 days, more than 6,716 bitcoins have been moved into the exchange wallet. No matter how scary the decline of Bitcoin is, it only inserted another needle near 68,900 US dollars on March 6, and the needle tip is at 69,666 US dollars, indicating that the support of 69,000 US dollars is effective. Bitcoin is now oscillating around the 60-day moving average, while the 120-day moving average has risen to 54,000 US dollars, and it has moved up at a speed of about 200 US dollars per day, which has sealed the space for Bitcoin to fall. I would like to add that 59,000 US dollars should not be easily broken. It is this kind of large structural destruction adjustment. It takes time to repair. There may be 1-2 months of consolidation, and then another wave of halving will be launched. #etf #比特币减半