On February 28th, as the monthly summary finally closed, BTC faced a clear line with an important moving average.

Bitcoin was "not bullish" when it closed in February.

When new homes opened on Wall Street, Bitcoin was trading at about $23500 against the dollar, according to Cointelegraph Markets Pro and TradingView.

With US stocks similar and the dollar from returning to strength, everyone is focused on Bitcoin in order to maintain its rise in the last-minute changes.

Testing the raw material index value of network resources wrote in one of several tweets on the same day: "look forward to seeing more bitcoin bidding liquidity enter a dynamic trading range, in order to enhance the opportunity for monthly summary candles to close above the 50-month moving average."

"Trading volume has been weak, so I don't feel bullish at this stage."

The attached chart shows the buying and selling level of BTC/ dollars on the Binance order information.

Raw material indicators highlighted a key macroeconomic policy issue in March, when the Fed decided to raise interest rates at its next meeting. Because of the strong support of the Federal Open Market Association (FOMC), the deal should expire on March 22nd.

"close above the 50-month moving average system = bullish close less than $23128 = bright red and invite a retest of the important support line," another post added.

"the closing range is between the 50-month moving average-$23128 = the close of the Green weekly line and the next rate hike around the Federal Open Market Association meeting on March 22."

In addition, foreign exchange trader and blog show host Scott Melker demanded higher futures prices, calling the adjacent area "no man's land in northern Tibet".

"the bullish break (red zone) is currently the support line. It's still in no man's land between $21473 and $25212, "she commented on a data chart showing the level of overall goals.

The macroeconomic environment is quiet.

In addition, the lack of position of the US dollar avoids the problem that both heads of risky assets are likely to have a headache that day.

The US stock index (DXY) soared to a multi-day low because it was unable to start all over again after giving up the previous week's gains.

At the u.s. stock level, the s & p 500 index fell 0.2% at the time of writing, while the NASDAQ composite index remained consistent that day.