The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to form a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you persist. Only those who survive in the cryptocurrency space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.
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Cryptocurrency Community Expert: March 12, 2025 Bitcoin (BTC) Latest Market Analysis
The current price of Bitcoin is 83,000. It is now 4 AM Beijing time. Let's review the situation. Yesterday's daily candlestick chart showed a sharp drop, and the market fear index fell to a historical low of 10. Such extreme market conditions usually lead to a two-way reversal. Currently, the market is starting to rebound. As for the strength of the rebound, there is good room for operation from an overall trend perspective. At least short-term long positions are profitable, especially after Bitcoin stabilizes above 83,000, which will trigger a wave of upward movement.
Currently, the daily candlestick chart shows a high of 83,600 and a low of 76,600. A large bullish candlestick has appeared, and if it breaks through yesterday's high of 84,100, it can continue to rise. The MACD is showing a decrease in volume and an increase in positions. As the DIF and DEA widen and then contract, the bulls are showing signs of strength. The Bollinger Bands' downward channel has seen the middle candlestick break below the lower support of 88,500, and the price has already stretched over 5,000 points. The main force is starting to liquidate short positions. The market will not always move in one direction, and the main force will not always push prices down. For short-term long positions, pay attention to the dense area above 88,000; if it holds, you can take profits and try short positions.
The four-hour candlestick chart shows a V-shaped pattern approaching yesterday's high. The EMA30 resistance level is 83,600, which is effective. The candlestick is consolidating at the bottom, forming a wide fluctuation zone. The MACD has ended its volume contraction and is starting to increase. The bulls are dominating in the short term. If 83,000 holds, you can try to go long. The DIF and DEA have formed a golden cross, and the downward channel of the Bollinger Bands is showing signs of slowing down. The candlestick has broken the middle track resistance level of 82,700. The KDJ is expanding upwards, but the overall trend is bullish. The short-term strategy is mainly long, with short positions as a supplement.
Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.
For long positions, try entry points between 77,500 and 77,000, with a stop-loss at 76,500 to 76,000, risking 500 points. The target is between 76,500 and 77,000, with a breakout target of 78,000 to 78,500.
For short positions, try entry points between 86,500 and 87,500, with a stop-loss at 88,000 to 88,500, risking 500 points. The target is between 85,500 and 85,000, with a breakout target of 84,000 to 83,000.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.
This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded by heaven, goodness by earth, sincerity by humanity, trust by business, excellence by profession, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Cryptocurrency Community Expert wishes you happy investing!
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