Bitcoin Breakout Struggles Linger: Here Are The Levels To Watch

2025-3-16 16:30

The Bitcoin price closed the past week on a positive note and will be hoping to start the new week on an even stronger foot. However, sideways movement has been a constant feature in the weekend price action of Bitcoin so far in 2025.

Similarly, the flagship cryptocurrency has struggled to build on Friday’s momentum, recording no significant change in the past day. A market analytics firm MoreCryptoOnline has identified specific price levels that might be crucial to the future price trajectory of BTC. 

Here’s Why Bitcoin Must Break Resistance At $86,700

In a March 15 post on the X platform, MoreCryptoOnline shared an interesting Bitcoin price analysis, identifying the important levels for potential short-term movements. In the past week, Bitcoin produced a rather choppy price movement characterized by a series of gains and losses of almost similar margins.

In this case, overwhelming selling pressure could force the price of Bitcoin to around $77,859, with the risk of falling to as low as $71,011. 

Bitcoin Price At A Glance

As of this writing, Bitcoin is priced at around $84,050, reflecting no significant movement in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is down by over 2% in the last seven days. With a market cap of $1.67 trillion, BTC remains the world’s largest cryptocurrency.

The price of BTC is hovering around the $84,000 mark on the daily timeframe | Source: BTCUSDT chart on TradingView origin »

Bitcoin (BTC) на Currencies.ru

$ 83862.96 (-0.37%)
Объем 24H $27.676b
Изменеия 24h: 0.03 %, 7d: 2.79 %
Cегодня L: $83862.96 - H: $84629.69
Капитализация $1664.88b Rank 1
Цена в час новости $ 83357.03 (0.61%)

bitcoin price week movement foot however sideways

Источник: bitcoinist.com

bitcoin price → Результатов: 126


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Bitcoin Price Remains Bullish As Monthly Stochastic Sits Above 80, Here’s Why

The Bitcoin price has struggled to break above the $100,000 threshold decisively over the past four weeks, largely fluctuating within the $90,000 to $100,000 range. This correction and lackluster price action have caused a degree of bearish sentiment among traders, with some speculating that Bitcoin might have already reached its peak for the current cycle. […]

2025-1-15 18:30


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