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3.7 Bitcoin Public Outlook
Today’s Bitcoin trend suggests focusing on short-term trading, as the volatility is quite high. It is recommended to clear positions.
The White House summit has fully played out its positive effects, and funds are on the sidelines; March 10 options expiration is approaching, creating a volatility window.
Long position: Enter around 67,500, stop loss at 66,800-66,500, profit target at 68,300-68,500.
Short position: Enter around 68,500, stop loss at 69,100-69,300, profit target at 68,000-67,700.
Risk reminder: The volatility is significant, so it’s advised to hold light positions. Do not fight the market or hold against the trend. #2月非农意外负增长 $BTC