“On March 31, the price of the first cryptocurrency failed $ 82,000. At the binance, the course at the moment dropped to $ 81 329. The 15-minute BTC/USD Exchange Binance: TradingView. After border, the asset is trade at $ 82,200. A day of quotes lost 1.1%. Leading altcoins demonstrated more noticeable subsidence. Source: Coingcko. The total capitalization of cryptocurrency decreased by 3.2% to $ 2.75 trillion. Simultaneously with digital assets in minus went futures for US stocks. […]”, – WRITE: Businessua.com.ua
On March 31, the price of the first cryptocurrency failed $ 82,000. At Binance, the course at the moment dropped to $ 81 329.
15-minute BTC/USD Binance Exchange: TradingView.
After border, the asset is trade at $ 82,200. A day of quotes lost 1.1%. Leading altcoins demonstrated more noticeable subsidence.
Source: Coingcko.
The total capitalization of cryptocurrency decreased by 3.2% to $ 2.75 trillion.
Simultaneously with digital assets in minus went futures for US stocks. The derivative course on the S&P 500 fell by 0.7%, and for NASDAQ 100 – by 0.8%.
Equities All Down -1% to Open the Week.
Happy Liberation Week! pic.twitter.com/hoz5qja6hi
– Spencer Hakimian (@Spencerhakimian) March 30, 2025
Trump factor The confidence of the traders falls as the so -called US President Donald Trump “Liberation Day” – approaches. The head of state announced the introduction of 25% of duties on imports of cars, pharmaceutical products and other positions for a wide range of countries.
A week ago, the possible mitigation of the US administration’s position on tariffs provoked the growth of bitcoin above $ 87,000. Increasing Trump’s rhetoric put pressure on investors’ interest in risky assets, which are increasingly associated with the first cryptocurrency. The core price of gold-one of the main assets-harnesses-has updated the historic maximum at $ 3122 on March 31.
Goldman Sachs analysts have increased the chances of a 12-month recession in the US economy from 20% to 35%.
“Increasing the preliminary assessment reflects the lower growth rates, a recent sharp deterioration in household and business confidence, as well as the statements of the White House officials, which indicate greater readiness to tolerate short -term economic weakness for the sake of their policies,” the bank’s experts explained.
The daily bitcoin trading volumes on the exchanges decreased to $ 36 billion, which is 70% lower than the peak of $ 126 billion, recorded in November 2024, according to The Block.
The BTC total offer on the trading platforms also fell from $ 24.4 billion in early March to $ 8.6 billion.
Texanalysts put on optimism Earlier, QCP Capital was doubted in the strength of baitcoin quotes at $ 80,000.
The economist and author of the book “The law of Metcalf as a model of bitcoin value” by Timothy Pearson expressed a more optimistic opinion.
Every Bitcoin Bear Market Since 2015
Since 2015 there have been 10 Bitcoin Bear Markets, Defined As A 20% Decline from Ath. About One Every Year, These Are Common.
Of Those, Only 4 have been worse than this one in Terms of Duration: 2018, ’21, ’22, ’24.
In terms of … pic.twitter.com/ywvvw8inid0
– Timothy Peterson (@NSQUEDVALUE) MARCH 22, 2025
“If you judge exclusively at the basic cost of adoption, bitcoin is unlikely to fall below $ 50,000. In terms of price dynamics, it will be difficult for him to fail even $ 80,000, especially given that the Central Bank is leaning to a softer monetary policy,” the expert said.
According to him, the current bear market will last 90 days from the ATN, and since mid-April we will see an increase of 20-40%.
The founder of Profitz Academy Merleyin Enkelar noted that the bitcoin graph formed a double top, repeating the pattern of 2023.
Just like in 2023, $ btc is repeating the Same setup.
Double Top. Bear Trap. Parabolic Move.
DON’T LET The BEARS SHAKE YOU OUT THIS TIME! pic.twitter.com/lnuoey7CC5
– Merlijn The Trader (@Merlijntrader) March 29, 2025
After this bear trap, the parabolic motion should be followed, he predicted.
Crypto trader Ted Pillous believes that the first cryptocurrency is in the re -accumulation of Waicoff. This involves lateral traffic in a limited range after a long descending trend.
$ BTC is Currently in the Wyckoff Re-Accumulation Phase.
The Drop Below $ 85k Is Pure Manipulation to Scare Last Standing Bulls.
Once BTC Goes Above $ 92k, Bears Will Get Rekt. pic.twitter.com/qprtjjo6sf
– TED (@Tedpillows) March 30, 2025
He called the first cryptocurrency below $ 85,000, he called the result of “pure manipulation” designed to “scare the last bulls.”
“As soon as BTC exceeds $ 92,000, bears are defeated,” Pillous said.
The founder of Capriole Investments Charles Edwards based on the Bitcoin Macro Index metrics has assumed the transition of bitcoin to the fall phase.
Cryptoquant experts noted alarm signals for digital gold at once in four indicators. On March 31, one of the verified authors of the analytical firm confirmed that MVRV has not yet indicated the achievement of the bottom quotations.
Recall that the chief analyst of Real Vision Jamie Coutts predicted the growth of bitcoin to $ 123,000 by June.
A number of experts from Vhl-Street companies also admitted the asset rally in the second quarter.
The gun
Please wait …