Bitunix analysts: BTC should avoid chasing highs if it encounters short-term obstacles, and can open positions in batches in the long-term range of US$75,000-US$78,000
On March 15, it was reported that Bitcoin has risen 2.913% in the past 24 hours, and its current price is US$84,142. However, falling consumer confidence could signal a weakening in economic activity, which could have an impact on demand for risky assets such as Bitcoin. Analysts 'advice: BTC prices encountered resistance between $84,000 and $85,000, successfully holding the key support level of $75,000. If we can break through the US$85,000 mark, we may move further towards US$90,000. Investors should pay close attention to market liquidity and institutional capital flows. Long-term investors can consider opening positions in batches when BTC retracts back to the range of US$75,000-US$78,000, which has a strong supporting effect.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.