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Green rectangle- resistance
Bitcoin has started March on a positive note as price is moving higher towards the horizontal resistance area around $23,700-$23,800. Previous support remains key short-term resistance. Price so far remains stuck below the $23,800 resistance area. Earlier today bulls tried to break above the horizontal resistance but failed. to maintain the bullish momentum. So far price is showing another rejection sign. Bitcoin remains vulnerable to more downside as long as price remains below the green horizontal resistance. Yesterday's low around $23,025 remains our most important short-term support.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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