CandleFocus Analysis Company Shares Deep Technical Analysis: Where is the Resistance and Bottom in Bitcoin? What Are Options Traders Doing?
2025-03-06
Author: Content Editor
According to cryptocurrency analytics firm Greeks.Live, the market sentiment is predominantly bearish, with traders expecting further declines. The firm points out that the $87,000-$89,000 range is being closely watched as a key resistance level, while $82,000 is seen as a short-term bottom. However, there are differing opinions on whether a sustainable base is forming. Greeks.Live also notes that geopolitical events, such as Trump's tariff announcement and subsequent policy reversals, have contributed to market uncertainty, leading many investors to adopt a wait-and-see approach.
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