Disclaimer
This is not investment advice. The information provided is for general purposes only. No information, materials, services, and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in legal, financial, and fiscal matters before making any investment decision.
- Bitcoin is up 3.07% today against the US Dollar
- BTC/ETH increased by 2.56% today
- Bitcoin is currently trading 16.22% below our prediction on Mar 28, 2025
- Bitcoin dropped -9.92% in the last month and is up 34.72% since 1 year ago
Bitcoin price | $ 86,705 |
Bitcoin prediction | $ 103,487 (21.43%) |
Sentiment | Bearish |
Fear & Greed index | 30 (Fear) |
Key support levels | $ 83,517, $ 83,237, $ 82,731 |
Key resistance levels | $ 84,304, $ 84,809, $ 85,090 |
BTC price is expected to rise by 21.43% in the next 5 days according to our Bitcoin price prediction
Bitcoin is trading at $ 86,705 after gaining 3.07% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.40% during the same time period.
According to our Bitcoin price prediction, BTC is expected to reach a price of $ 103,487 by Mar 28, 2025, representing a 21.43% price increase for BTC in the next 5 days.
BTC Price Prediction Chart
Buy/Sell Bitcoin
What has been going on with Bitcoin in the last 30 days
Bitcoin has been displaying a negative trend recently, with a decline of -9.92% in the last 30 days. The medium-term trend for Bitcoin has been bearish, with BTC dropping by -7.80% in the last 3 months. However, the long-term picture for Bitcoin remains positive, as BTC is showing a 34.72% price increase over 1 year. On this date last year, BTC was trading at $ 64,360.
Bitcoin reached its all-time high price on Jan 20, 2025, when the price peaked at $ 109,079. The current cycle high is $ 87,411, while the cycle low is at $ 76,794. Recently, BTC has been exhibiting low volatility, with a 1-month volatility of 3.79. Bitcoin recorded 12 green days in the last 30 days.
Bitcoin technical analysis for today – Mar 24, 2025
The sentiment in the Bitcoin markets is currently Bearish, with the Fear & Greed index reading Fear. The most important support levels to watch are $ 83,517, $ 83,237, and $ 82,731, while $ 84,304, $ 84,809, and $ 85,090 are the key resistance levels.
Bearish sentiment for Bitcoin
Out of 30 indicators, 11 are currently signaling a bullish prediction for Bitcoin, while 19 are showing a bearish forecast, resulting in a heavy Bearish sentiment overall.
Crypto market is currently experiencing Fear
The Fear & Greed index reads 30 (Fear), indicating a negative outlook among investors in the cryptocurrency market, which may represent a buying opportunity.
Bitcoin moving averages & oscillators
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
---|---|---|---|---|
MA3 | $ 87,127 (SELL) | $ 86,798 (SELL) | – | – |
MA5 | $ 85,890 (BUY) | $ 89,283 (SELL) | – | – |
MA10 | $ 85,497 (BUY) | $ 92,285 (SELL) | – | – |
MA21 | $ 85,411 (BUY) | $ 94,407 (SELL) | $ 183,021 (SELL) | $ 87,644 (SELL) |
MA50 | $ 90,731 (SELL) | $ 94,142 (SELL) | $ 115,003 (SELL) | $ 75,255 (BUY) |
MA100 | $ 94,427 (SELL) | $ 88,599 (SELL) | $ 95,473 (SELL) | $ 61,554 (BUY) |
MA200 | $ 84,225 (BUY) | $ 79,539 (BUY) | $ 56,148 (BUY) | $ 47,726 (BUY) |
Period | Value | Action |
---|---|---|
RSI (14) | 44.59 | NEUTRAL |
Stoch RSI (14) | 77.60 | NEUTRAL |
Stochastic Fast (14) | 65.97 | NEUTRAL |
Commodity Channel Index (20) | -66.67 | NEUTRAL |
Average Directional Index (14) | 33.30 | BUY |
Awesome Oscillator (5, 34) | -3,345.38 | NEUTRAL |
Momentum (10) | -89.15 | SELL |
MACD (12, 26) | 528.41 | NEUTRAL |
Williams Percent Range (14) | -34.03 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 50.86 | NEUTRAL |
VWMA (10) | 83,852.51 | SELL |
Hull Moving Average (9) | 85,127.22 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 85,801.18 | NEUTRAL |
The Relative Strength Index (RSI 14) for Bitcoin is at 44.59, suggesting a neutral position. The 50-day SMA indicates Bitcoin is trading above this level, a bullish signal, whereas the 200-day SMA shows that BTC is trading below it, signaling bearishness.
The bottom line about this Bitcoin prediction
In conclusion, the current forecast for Bitcoin is Bearish. BTC must increase by 21.43% to reach our $ 103,487 target in the next five days. It’s essential to monitor market sentiment, key support and resistance levels, and other metrics while recognizing the unpredictability of cryptocurrency markets. For long-term Bitcoin price predictions, click here.
Disclaimer
This is not investment advice. The information provided is for general purposes only. No information, materials, services, and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in legal, financial, and fiscal matters before making any investment decision.
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