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The Bitcoin price prediction shows that BTC is experiencing significant volatility, with a sharp decline pushing the price below key support levels.
Bitcoin Prediction Data:
- Bitcoin price now – $88,491.71
- Bitcoin market cap – $1.76 trillion
- Bitcoin circulating supply – 19.82 million
- Bitcoin total supply – 19.82 million
- Bitcoin Coinmarketcap ranking – #1
Getting into crypto projects early can often lead to significant gains, as seen with Bitcoin (BTC). Since its all-time low of just $0.04865 on July 14, 2010, BTC has skyrocketed by an astonishing 1,825,679,046.88%, proving how early adopters have benefited immensely. Even with its recent dip from the all-time high of $109,114.88 in January 2025, Bitcoin remains a testament to the long-term potential of cryptocurrency investments.
BTC/USD Long-term Trend: Bearish (Daily Chart)
Key levels:
Resistance Levels: $97,000, $99,000, $101,000
Support Levels: $80,000, $78,000, $76,000
BTC/USD is currently trading at $88,491.71, showing a breakdown from the descending channel it had been consolidating for months. The price has fallen below both the 9-day MA ($94,198.79) and the 21-day MA ($95,681.97), reinforcing the ongoing bearish momentum. Additionally, the recent drop has breached the lower boundary of the descending channel, which could indicate further downside pressure if the price fails to reclaim this level. With increasing selling volume, there is a strong possibility that BTC may test the $80,000 support zone in the coming sessions.
Bitcoin Price Prediction: Would Bitcoin (BTC) Trend Higher?
At the moment, Bitcoin’s 9-day moving average crosses below the 21-day moving average, indicating bearish momentum as the price attempts to break below the lower boundary of the channel. However, If BTC can establish support near $88,000, a short-term bounce could occur, but resistance at $95,000 remains a major hurdle. A successful break above this level could invalidate the bearish structure and push BTC toward the resistance levels of $97,000, $99,000, and $101,000. However, with both moving averages sloping downward and the price consistently closing below them, BTC remains in a weak position. Buyers will need to step in aggressively to reclaim lost ground, otherwise, bearish continuation remains the dominant outlook.
Bitcoin Price Prediction & News 2025
Furthermore, the key levels to watch are $88,000 for short-term support and critical support levels could be found at $80,000, $78,000, and $76,000 respectively. Therefore, if BTC manages to hold above the current level and reclaim the 9-day MA, a relief rally toward $92,000 – $95,000 could be expected. However, failure to hold support could accelerate the downtrend, potentially bringing BTC toward $85,000 or lower in the medium term. The overall trend remains bearish unless BTC re-enters the descending channel and establishes a strong reversal pattern.
BTC/USD Medium-term Trend: Bearish (4H Chart)
The 4-hour BTC/USD chart shows that Bitcoin is currently trading around $88,551.20, with price action still respecting a descending channel. BTC recently touched the lower boundary of the channel near $84,000, where buyers have stepped in to provide some temporary relief. However, the 9-day MA ($88,954.36) and the 21-day MA ($92,543.63) are both sloping downward, suggesting that bearish momentum remains dominant. Meanwhile, the fact that BTC is struggling to reclaim the 9-day MA indicates that sellers are still in control, and any rejection from this level could trigger another wave of selling pressure.
Nevertheless, if BTC fails to close above the $89,000 – $90,000 zone, it could face renewed downward pressure, retesting the $84,000 support level. A clear breakdown below this zone may push BTC towards $80,000 in the short term. On the other hand, if BTC manages to break above the 9-day MA and hold above $90,000, the next target would be the 21-day MA at $92,500. A sustained move above this level could shift momentum in favor of the bulls, with a potential push toward the $94,000 resistance. However, unless BTC breaks above this resistance and exits the descending channel, the overall trend remains bearish in the near term.
However, @MerlijnTrader, sharing his insights with over 383K followers on X (formerly Twitter), highlighted that Bitcoin’s RSI has reached historic levels. He noted that the last time BTC was at this point, it formed a bottom and surged parabolically. The key question now is whether history will repeat itself or if market conditions will lead to a different outcome this time.
BITCOIN RSI AT HISTORIC LEVELS!
Last time we were here, $BTC bottomed and went parabolic.
Will history repeat, or is this time different? pic.twitter.com/Ro6eYKMJkT
— Merlijn The Trader (@MerlijnTrader) February 25, 2025
Bitcoin Alternatives
Bitcoin’s price has dropped below key support levels due to intensified bearish pressure, despite expectations of stability above $92,000 – $93,000. Meanwhile, the Best Wallet token is gaining momentum as a leading utility coin, offering a secure DeFi wallet where users can store and buy Bitcoin (BTC) directly on the platform. With a built-in virtual card for seamless transactions and fundraising nearing $10.6 million, Best Wallet is rapidly gaining adoption, making it a strong investment opportunity ahead of its native token launch.
The New Best Wallet Token HYPE is STARTING – Buy This Presale Now
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