Crypto Circle Academician: On March 22, Bitcoin at 84,000 is in jeopardy! Bears are coming, a historic low is waiting for you! Latest market analysis reference.

CN
6 hours ago

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 22, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 84,000. It is now 2:30 AM Beijing time. Although Bitcoin has been consolidating all day, we have not made any trades and have mostly been resting. However, one thing to note is that the larger trend remains bearish, especially with several major bearish indicators appearing. The EMA trend indicator's fast and slow lines are widening downwards, indicating that the main force is still preparing for the next bottom test. Currently, the K-line is near the EMA15 fast line around the 84,600 consolidation area.

The technical indicator MACD is expanding but without increasing positions. Bullish momentum is decreasing while bearish momentum is increasing. The DIF and DEA are stretching upwards from a low position. The Bollinger Bands are consolidating, and after the K-line broke the middle track at 85,000, the double top test ended, and the K-line fell below the middle track into the downward range. Now the middle track has become a resistance level, which is worth paying attention to. If the upper level of 85,000 does not break, consider testing short positions. The lower target is 78,000. The KDJ is contracting downwards, meaning that if the market opens at 8 AM and cannot hold 84,000, further declines will form a dead cross bearish trend for further bottom testing.

The four-hour K-line is only experiencing a short-term pullback, currently facing resistance at the bottom of the trend line. Focus on the market around 85,000. The space for consolidation is not very large, and upon reaching the key resistance level, consider testing short positions. The MACD is contracting downwards, with the DIF and DEA spreading downwards from a high position. The Bollinger Bands are consolidating, and the K-line is facing resistance at the middle track of 84,100, which is the balance point I mentioned yesterday. There is space both above and below. At this position, the only choice is to wait and see, either to short after a stretch or to long after a bottom test. Specific references are as follows:

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 testing short positions, the entry point is 82,000 to 81,500, with a stop loss at 81,000, risking 500 points, and a target of 85,000 to 85,500. If broken, look at 86,000 to 86,500.

For testing long positions, the entry point is 85,000 to 85,500, with a stop loss at 86,000, risking 500 points, and a target of 83,500 to 83,000. If broken, look at 82,500 to 82,000.

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, integrity is rewarded, and excellence is rewarded. 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!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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