BitUnix analyst: Federal Reserve releases dovish signal, BTC breaks through $85000, short-term support of $83000 in the future, short-term pressure of $87000.

律动BlockBeats
律动BlockBeats|Mar 20, 2025 04:13
BlockBeats News: On March 20th, the Federal Reserve announced its latest interest rate decision, keeping the benchmark interest rate unchanged and announcing a slowdown in the pace of balance sheet tightening from April. The slowdown in balance sheet tightening is seen by the market as a "disguised release of water" and may increase market liquidity. This resolution conveys a policy signal of 'wait-and-see but dovish', leading to an increase in market expectations for interest rate cuts and driving up risk assets. Bitcoin benefited from this and broke through $85000, setting a new high in recent times. BitUnix analyst recommendation: Short term support level of $83000, if it falls below, it may test key support of $80500; The key pressure level is $87000, and if it breaks through, it is expected to challenge the $90000 mark. The market volatility has intensified, and a strategy of buying low and selling high can be adopted. Investors should maintain flexible response strategies and grasp the rhythm of market fluctuations.
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