March 24 BTC Trend Prediction
Based on a comprehensive analysis of technical indicators and news, Bitcoin is facing short-term correction pressure, but the medium to long-term trend remains supported by institutional involvement and favorable policies. Key points to focus on for March 24:
1. Breakthrough situation of the $85,000 resistance level: if it cannot stabilize, it may retreat to the $80,000-$83,000 range;
2. Changes in trading volume: if the volume rises along with a price breakthrough, it may reverse the correction expectations;
3. Market sentiment and leverage liquidation risks: under high volatility, precautions should be taken against sudden declines.
Strategy recommendation: In the short term, consider high selling and low buying within the $80,000-$85,000 range while controlling leverage; for long-term holders, it is advised to ignore short-term fluctuations and focus on the long-term benefits brought by the halving cycle and the implementation of policies.