Market Outlook
After rebounding from 71366, the US market fell, with support levels below.
Yesterday's analysis suggested a potential new low after the rebound before an upward move. Currently, the price is facing resistance at 71366 and has fallen back below 70,000, although it hasn't reached a new low yet.
US stocks have fallen to 6550, with 6500 acting as a psychological support level.
I believe the ideal scenario would be for $BTC to reach the 67-68 range, undergo a second test, and then rise after a 4-hour bullish divergence.
US stocks would simultaneously test 6500 (or not, as US stocks and BTC would become decoupled) before rebounding.
Combined with crude oil prices, the current scenario is highly similar to that of March 2022.
Therefore, I maintain my expectation of a top at 78-81 by the end of March.
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