BTCUSD: BUY 86550, SL 83600, TP 94000 | 06 March 2025
06 March 2025, BTCUSD
The cryptocurrency market continues to live its lively, highly volatile life. The slightest economic and political news seriously impacts the situation, and in the near future, stability is unlikely to be restored. At least until March 7th, an event is scheduled that could again drastically alter the course of coins, primarily Bitcoin.
For this reason, trading such assets requires great caution. Taking the situation with the flagship coin, it can still be assumed that preparations are underway for an upward impulsive rise.
Possibly, volatility will decrease in the near future, and the price will stabilize within a narrow range.
The most likely direction of movement in the future remains growth, so if considering this instrument for trading, it is advisable to choose long positions.
Investment idea: BUY 86550, SL 83600, TP 94000.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
