coin-img-ETHETH+3.95%coin-img-BTCBTC+2.80%coin-img-NEXINEXI-31.04%coin-img-OKBOKB+0.04%coin-img-ROBOROBO+4.73%coin-img-OPNOPN-4.65%coin-img-SOLSOL+3.59%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.95%coin-img-BTCBTC+2.80%coin-img-NEXINEXI-31.04%coin-img-OKBOKB+0.04%coin-img-ROBOROBO+4.73%coin-img-OPNOPN-4.65%coin-img-SOLSOL+3.59%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.95%coin-img-BTCBTC+2.80%coin-img-NEXINEXI-31.04%coin-img-OKBOKB+0.04%coin-img-ROBOROBO+4.73%coin-img-OPNOPN-4.65%coin-img-SOLSOL+3.59%coin-img-USDCUSDC-0.01%coin-img-ETHETH+3.95%coin-img-BTCBTC+2.80%coin-img-NEXINEXI-31.04%coin-img-OKBOKB+0.04%coin-img-ROBOROBO+4.73%coin-img-OPNOPN-4.65%coin-img-SOLSOL+3.59%coin-img-USDCUSDC-0.01%

Bitcoin Trades Near $68,000 as Analyst Flags 20-Month EMA as Accumulation Zone

Bitcoin traded around $67,973 on Mar. 9, down about 1.16% in 24 hours, as the price fluctuated between roughly $66,000 and $68,000. The middle Bollinger Band near $67,471 acted as a short-term pivot, with resistance around $71,261 and support near $63,681. Crypto analyst Trader Tardigrade noted that BTC's latest pullback on the monthly chart is approaching the 20-month EMA, which the analyst described as a recurring long-term accumulation zone and labeled "Accumulation Zone 4" based on prior market cycles.
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