【2025-3-1 Wealth Code: BTC】
Recently, Bitcoin has been under everyone's attention. A couple of days ago, Bitcoin plummeted to around: 78000 and then experienced a rebound. This rebound is worth noting; if it breaks the bear price line on the 4-hour chart: 82940.9, a new round of short positions will be activated, and you can also enter a short position at this level.
Support ①: 78605.6
Support ②: 71034.1
Current screenshot price: 84937.8
If the rebound ends and continues to fall, and this drop breaks the second support level at: 71034.1, this bullish market will turn into a bearish market, and in the first half of this year, we can only open short positions. This level is crucial; if it holds, the bullish market is still in play.
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