On March 14, Bitcoin hit a new all-time high, triggering the withdrawal of a staggering $750 million worth of BTC from exchanges. This massive withdrawal, mostly from Bitfinex and Kraken, signifies a boost in investor confidence and signals a wealth transfer from long-term holders to speculators. Despite the price falling below $70,000, overall market sentiments suggest a stable support zone for Bitcoin, with resistance levels also identified. To further navigate the market, close monitoring of key demand zones and resistance levels is advised.