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Analysis of Bitcoin on the evening of March 8
Bitcoin is showing signs of short-term weakness at the 68K resistance zone, with momentum weakening and a slight rejection forming. This usually leads to a liquidity pullback to rebalance the trend!
If the sellers maintain pressure here, the price may pull back to nearby support zones before making the next move.
Personal short-term trading suggestion:
Rebound to around 67,900 – 68,050 for entry
Target 1: 67,400
Target 2: 67,050
Target 3: 66,500
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