According to the latest market dynamics, Bitcoin is currently trading between $68,000 and $72,000, with the geopolitical situation being the main influencing factor.



Latest trends: Several Wall Street institutions believe that Bitcoin may have bottomed out. Bernstein maintains a price target of $150,000 by the end of 2026. On March 26, Bitcoin briefly fell below $70,000, but after news of negotiations between the U.S. and Iran, it recovered above $71,000.

Weekly trading space analysis:

- Key range: $68,000-$72,000
- Breakout to the upside: if it stays above $72,355, it could aim for $75,000
- Downside risk: if it falls below the support of $68,000, it could test the $66,000-$67,000 zone
- Main variable: closely monitor the situation in the Middle East; any signs of relief will be favorable for upward movement, while escalation of tensions could trigger a correction

Trading recommendations: Currently, the best approach is a range strategy, considering a light position around $68,700-$69,000 to attempt longs, with a stop below $67,500; aggressive investors can follow after breaking above $72,355, targeting $75,000. Manage position size carefully, as Bitcoin's volatility remains high, having liquidated over 90,000 traders in the last 24 hours. #比特币震荡走弱 BTC
BTC-4,24%
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