🍀 Spring Date with Fortune, Prizes with Raffle! Growth Value Phase 1️⃣ 7️⃣ Spring Raffle Carnival Begins!
Seize Spring's Good Luck! 👉 https://www.gate.com/activities/pointprize?now_period=17
🌟 How to Participate?
1️⃣ Enter [Square] personal homepage, click the points icon next to your avatar to enter [Community Center]
2️⃣ Complete Square or Hot Chat tasks such as posting, commenting, liking, speaking to earn growth value
🎁 Every 300 points can raffle once, 10g gold bars, Gate Red Bull gift box, VIP experience card and more prizes waiting for you to win!
Details 👉 https://www.gate.com/ann
March 18th Bitcoin Analysis
Current Price: $74,196.93, 24-hour decline of 1.27%, currently in a short-term pullback zone.
Price is currently above MA(7), below MA(25)/MA(99), exhibiting weak short-term consolidation with intense bull-bear contest.
Previous pullback from $74,800 to $73,535, decline of approximately 1.7%, representing profit-taking after the uptrend. The current rebound appears more like a corrective rebound rather than a trend reversal.
Moving average system convergence (MA7, MA25, MA99 prices are close), indicating temporary balance between bulls and bears. However, once the price fails to break through resistance on an upside test, it will likely reselect downward movement and return to the short-term downtrend.
Operation Suggestion: Rebound to 74,850-75,000
Target: 73,750-73,535#Gate广场AI测评官 #比特币支撑阻力位分析