March 15 Afternoon Analysis of Bitcoin
Today's market fluctuations are not very large, and it is expected that it will oscillate at a high level for the next two days, waiting for a potential direction to emerge on Sunday. Today, we can wait for short-term trading opportunities during the high-level consolidation.
From the four-hour chart, as long as it does not break through the peak or fall below the support level, Bitcoin will continue to consolidate at a high level, oscillating repeatedly. It is expected that there is still downward space, and it is recommended to focus on the high level.
Trading suggestions:
Bitcoin 84,500-85,000
Defensive setting at 86,000
