$BTC
As of March 10, 2025, Bitcoin (BTC) is trading around $78,858, reflecting a significant decline from its previous highs.
MARKETWATCH.COM
Support Levels:
$75,000 š¢
$70,000 š¢
Resistance Levels:
$80,000 š“
$85,000 š“
Stop-Loss Recommendations:
Long Positions: Consider setting a stop-loss below the immediate support level, such as at $74,500.
Short Positions: A stop-loss above the immediate resistance level, such as at $80,500, may be prudent.
Given the current market volatility, it's essential to monitor these levels closely and adjust your trading strategy accordingly. Utilizing technical analysis tools, such as the Relative Strength Index (RSI), can provide additional insights into potential overbought or oversold conditions.
WIKIPEDIA
Note: Cryptocurrency markets are highly volatile. It's crucial to conduct thorough research and consider consulting a financial advisor before making trading decisions.
