Bitunix analyst: BTC should avoid chasing highs when it encounters resistance in the short term, and long-term positions can be built in batches in t

On March 15th, Bitcoin rose by 2.913% in the past 24 hours, with the current price at $84,142. However, a decrease in consumer confidence may signal a weakening of economic activity, which could impact the demand for risk assets such as Bitcoin.

Analysts suggest: BTC price encountered resistance between $84,000 and $85,000, successfully holding the key support level of $75,000. If it can break through the $85,000 mark, it may further advance towards $90,000. Investors should closely monitor market liquidity and institutional fund flows, and long-term investors may consider gradually building positions when BTC retraces to the $75,000-$78,000 range, as this range has strong support.