March 19, Wednesday Morning Analysis:

Last night in the Bitcoin market was quite thrilling, the price suddenly dropped below the important threshold of 820, hitting a low of 811. But fortunately, the market didn't disappoint us for too long, quickly stabilizing and then rebounding back, now hovering around 827.

From the one-hour candlestick chart, the Bollinger Bands are slowly narrowing, and the support line below is quite strong. If the price can break through the upper middle band, the bullish momentum will definitely surge. On the KDJ indicator side, a golden cross is quietly forming in the oversold zone, feeling that a rebound is coming soon.

This morning, we plan to operate based on the idea of buying on dips. This market is as changeable as the weather, we need to leave some room, keep good stop-losses, and not panic due to momentary fluctuations.