Bitcoin
Short

BTC trend analysis

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Bitcoin once fell below the $80,000 mark on March 11, reaching a low of $76,700 (a four-month low), and then rebounded to a range of $81,000-83,000 on March 12.
The market panic index entered the "extreme panic" area, and funds continued to flow out of cryptocurrency ETFs, with a net outflow of more than $400 million in a single day in early March.
The recent 24-hour liquidation amount exceeded $900 million, and traders need to carefully control their positions.
Bitcoin is suppressed by macroeconomic and policy factors in the short term, and still has the potential to rise in the long term, but it is necessary to pay attention to key support levels and external catalysts. Traders should avoid blindly chasing ups and downs.
Trading is not easy. It requires meticulous thinking and rigorous operations. I hope that you, who have had a bumpy journey, can get out of the quagmire of losses as soon as possible and get on the right track of steady gains.
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