Bitunix Analyst: The US May Use Gold Reserves to Purchase BTC, BTC Price Volatile, Short-Term Support at $83k, Key Resistance Zone $87k-$88k.

Blockbeats03-24

BlockBeats News, March 24th, a U.S. government official stated that the government may utilize its gold reserves to purchase BTC to increase the national digital asset holdings. The remarks triggered a sharp BTC price fluctuation, as the market still harbors doubts about the implementation of this plan. If the U.S. government formally buys BTC, it will drive bullish sentiment in the market and may prompt other countries to follow suit, leading to a national-level Bitcoin reserve race. However, if it ultimately remains just a policy discussion, the market may experience short-term volatility before returning to rationality.Bitunix Analyst Suggestion:Short-term support for BTC is at $83k, and if broken, it may retest $80k. The main resistance level is $87k-$88k, and a breakthrough will further test $90k. In the short term, investors should pay attention to the market's further interpretation of this policy and flexibly respond to market fluctuations.

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