#BTC is about to enter the weekend sticky fluctuation period, and with low liquidity, it’s better to hold back and observe. Under the influence of Federal Reserve policies and market sentiment, the upward movement of the Bitcoin market faces obstacles, and it may continue to be in a consolidation state in the short term. On March 21, 10x Research claimed that even if the Federal Reserve's stance is dovish, the Bitcoin market may still face upward resistance in the short term. The research pointed out that as long as the price of Bitcoin remains below the resistance range of 90,000 - 92,000 USD, the market may continue to consolidate. The Federal Reserve has lowered growth expectations and slightly slowed the pace of QT.
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#BTC is about to enter the weekend sticky fluctuation period, and with low liquidity, it’s better to hold back and observe. Under the influence of Federal Reserve policies and market sentiment, the upward movement of the Bitcoin market faces obstacles, and it may continue to be in a consolidation state in the short term. On March 21, 10x Research claimed that even if the Federal Reserve's stance is dovish, the Bitcoin market may still face upward resistance in the short term. The research pointed out that as long as the price of Bitcoin remains below the resistance range of 90,000 - 92,000 USD, the market may continue to consolidate. The Federal Reserve has lowered growth expectations and slightly slowed the pace of QT.