chart analysis $BTC BTC 4H, note that the price was rejected at the 50% retracement level ($71.7k) after breaking the SMA 200, but short selling is not recommended due to poor risk/reward ratio. The chart shows important Fibonacci levels (38.2% at $70.7k and 61.8% at $72.8k) serving as warning zones; if both are surpassed, the uptrend could be strong. By March 24, 2026, the BTC price fluctuates around $70.4k, confirming the rejection and maintaining a cautious outlook according to the analysis.