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Analysis of the support level and resistance level of Bitcoin (BTC) from March 23, 2025, 00:00 to March 24, 2025, 23:59, based on technical indicators and hypothetical predictions of current market trends. Please note that future market trends are influenced by various factors, and the following content is for reference only.


support level
1. First support level: 85,000 - 84,500 (daily MA200 support level and psychological support level).
2. Second support level: 83,000 - 82,500 (Fibonacci retracement level and recent low point).
3. Third support level: 80,000 - 78,500 (key psychological support level and on-chain dense trading area).
resistance level
1. First resistance level: 87,000 - 88,000 (short-term moving average resistance level and previous high resistance level).
2. Second resistance level: 90,000 - 92,000 (strong resistance level at the weekly chart and psychological resistance level).
3. Third resistance level: 95,000 - 97,000 (may trigger short liquidations after breaking through).
Key observation points
• If the price breaks above 87,000 and holds, it may further test the 90,000 - $92,000 range.
• If the price falls below 85,000, it may test the support range of 83,000 - $82,500.
Influencing factors
1. Market Sentiment: The volatility of Bitcoin is significant, and market sentiment (such as FOMO or panic) can have a substantial impact on prices.
2. Macroeconomics: Factors such as the Federal Reserve's monetary policy and the global economic situation may affect Bitcoin prices.
3. Technical Development: Upgrades to the Bitcoin network and progress in Layer 2 solutions may boost market confidence.
Operation strategy suggestions
• Aggressive Trading:
If the price stabilizes in the range of 85,000 - 84,500, you can try going long with a light position, setting a stop loss below 83,000; if it rebounds to 87,000 - 88,000 and encounters resistance, you can try a short position with a stop loss above 90,000.
• Conservative strategy:
Wait for the breakout of 87,000 to confirm the trend reversal before following up, or wait for the price to pull back below 83,000 to gradually accumulate spot positions. #特朗普数字资产峰会发言# #XRP资产超越空客# #SIREN Launchpool 开启#
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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