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The Bitcoin price prediction reveals that BTC could slide to the downside if the coin crosses below the 9-day moving average.
Bitcoin Prediction Data:
- Bitcoin price now – $84,998.72
- Bitcoin market cap – $1.67 trillion
- Bitcoin circulating supply – 19.83 million
- Bitcoin total supply – 19.83 million
- Bitcoin Coinmarketcap ranking – #1
Getting in early on a crypto project can be incredibly rewarding, as seen with Bitcoin (BTC), which has experienced an astronomical rise since its all-time low. On July 14, 2010, BTC was priced at just $0.04865, and today, it’s trading between $83,606.86 and $87,443.27—a staggering +175,057,680.58% increase over 15 years. This remarkable growth highlights the power of early adoption in the crypto space, where long-term holders have seen life-changing returns.
BTC/USD Long-term Trend: Bearish (Daily Chart)
Key levels:
Resistance Levels: $94,000, $96,000, $98,000
Support Levels: $74,000, $72,000, $70,000
According to the daily chart, BTC/USD consolidates within the 9-day and 21-day moving averages. The king-coin is trading within a tight range near a key resistance level at $84,400. Meanwhile, the market volume remains low, currently around $12 billion, typical for weekends but still lower than usual compared to previous months. Historically, low volume reduces liquidity, increasing the probability of sharp price movements. However, as BTC trades near this critical resistance level, the potential for volatility remains high, especially with the upcoming reopening of traditional financial markets.
Bitcoin Price Prediction: Bitcoin Price May Move Sideways
Bitcoin’s daily chart indicates that the market remains in a descending channel, reinforcing a bearish trend. The price is currently hovering around $84,389, trading slightly below both the 9-day and 21-day MAs. This positioning suggests that sellers are still dominant, with bullish momentum appearing weak. If Bitcoin fails to reclaim the 21-day MA as support, the price may continue its downward movement, potentially retesting key support levels at $74,000, $72,000, and $70,000. These zones could attract buyers looking for an opportunity to enter at lower levels.
Be Prepared For These Moves – Bitcoin Price Prediction & News 2025
Conversely, if Bitcoin gains strength and breaks above the 9-day and 21-day MAs, it could spark a bullish rally toward the upper boundary of the descending channel. A decisive breakout above the $94,000, $96,000, and $98,000 resistance levels could indicate a shift in trend, leading to further upside potential. However, the current low trading volume suggests uncertainty among market participants. Traders should closely monitor the next few daily candlestick formations for confirmation of price direction before taking significant positions.
BTC/USD Medium-term Trend: Bearish (4H Chart)
Bitcoin’s 4-hour chart shows that the price is testing the upper boundary of a descending channel, suggesting a critical decision point for the market. The price is currently around $84,059, trading slightly above the 21-day MA (green line) at $83,353 and the 9-day MA (red line) at $83,987. This slight bullish crossover signals a possible breakout attempt. If buyers gain control and push the price above the channel’s resistance, Bitcoin could rally toward the $90,000 resistance level. A strong break above this level may invalidate the current bearish trend, setting the stage for further gains toward $92,000 and $94,000.
However, if Bitcoin fails to sustain momentum above the channel’s upper boundary, a rejection could push the price back into the descending pattern. In this case, the $80,000 and $78,000 support levels become critical for preventing further downside. A break below these levels could lead to increased selling pressure, potentially driving Bitcoin toward $76,000 or lower. Given the moderate volume, traders should closely monitor whether Bitcoin secures a breakout or faces rejection, as this will determine the next significant price movement.
Crypto analyst @CryptoCaesarTA shares on X (Formerly Twitter) that Bitcoin is preparing for its final rally of this cycle, signaling that the run isn’t over yet.
$BTC – #Bitcoin is making itself ready for the last run of this cycle. Keep it simple. This cycle ain’t over yet. pic.twitter.com/ZIylbeJ0v6
— Crypto Caesar (@CryptoCaesarTA) March 19, 2025
Alternatives to Bitcoin
Bitcoin remains in a tight consolidation phase, with mixed signals from technical indicators and macroeconomic conditions, making its broader trend dependent on key resistance levels. Traders should monitor liquidity metrics and traditional markets for potential price movements. Meanwhile, Best Wallet, an innovative multi-chain, non-custodial crypto wallet, is gaining traction with its sleek design and growing user base. Its native token, BEST, is in the pre-sale phase, with millions invested in development, positioning the project to capture a significant share of the non-custodial wallet market.
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