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 the form of legal, financial, and fiscal advice before making any investment decision.
Current Bitcoin Market Overview
- Bitcoin is down -3.30% today against the US Dollar.
- Bitcoin is currently trading 18.96% below our prediction on Mar 23, 2025.
- Bitcoin dropped -15.99% in the last month and is up 20.57% since 1 year ago.
| Metric | Value |
|---|---|
| Bitcoin price | $81,503 |
| Bitcoin prediction | $100,575 (21.84%) |
| Sentiment | Bearish |
| Fear & Greed index | 34 (Fear) |
| Key support levels | $82,919, $81,771, $80,899 |
| Key resistance levels | $84,940, $85,812, $86,960 |
Short-Term Forecast
BTC price is expected to rise by 21.84% in the next 5 days according to our prediction. Currently, BTC is trading at $81,503 after losing -3.30% in the last 24 hours. The overall crypto market cap decreased by -2.47% in the same time period.
Recent Bitcoin Performance
Bitcoin has been displaying a negative trend recently, with a -15.99% drop in the last 30 days. The medium-term trend has also been bearish, with a -21.63% drop in the last 3 months. However, the long-term perspective is positive with a 20.57% increase compared to one year ago when BTC was trading at $67,598. Bitcoin reached its all-time high of $109,079 on Jan 20, 2025.
Current Market Sentiment
- The sentiment in the Bitcoin markets is currently Bearish.
- The Fear & Greed index indicates a state of Fear with a reading of 34.
Technical Analysis
Bearish Sentiment:
– 7 indicators are signaling a bullish prediction for Bitcoin, while 23 indicators show a bearish forecast. This results in an overall bearish sentiment for Bitcoin.
Moving Averages & Oscillators
| Period | Daily Simple | Daily Exponential | Action |
|---|---|---|---|
| MA3 | $86,729 (SELL) | $87,872 (SELL) | SELL |
| MA5 | $85,268 (SELL) | $90,438 (SELL) | SELL |
| MA10 | $84,605 (SELL) | $93,150 (SELL) | SELL |
| MA21 | $85,787 (SELL) | $94,912 (SELL) | SELL |
| MA50 | $92,647 (SELL) | $94,346 (SELL) | SELL |
| MA200 | $83,805 (SELL) | $79,516 (BUY) | BUY |
The Relative Strength Index (RSI 14) is currently at 44.28, indicating a neutral trend. The 50-day Simple Moving Average (SMA 50) signals a bullish trend, while the 200-day SMA indicates a bearish trend.
Conclusion
The forecast for Bitcoin remains bearish despite potential short-term gains. Monitoring market sentiment and key levels is essential for any trading decision. Cryptocurrency markets are highly volatile, and prices can change rapidly. Disclaimer: This is not investment advice. Seek professional consultation before making any investment decisions.
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