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.
Bitcoin Overview
- Bitcoin is down -3.50% today against the US Dollar.
- Currently trading 16.94% below our prediction for Mar 15, 2025.
- Bitcoin dropped -14.20% in the last month and is up 18.68% since last year.
| Bitcoin price | $82,450 |
| Bitcoin prediction | $99,264 (20.51%) |
| Sentiment | Bearish |
| Fear & Greed index | 20 (Extreme Fear) |
| Key support levels | $78,507, $76,242, $72,271 |
| Key resistance levels | $84,743, $88,714, $90,979 |
Price Prediction
BTC price is expected to rise by 20.51% in the next 5 days according to our Bitcoin price prediction. Currently trading at $82,450 after losing -3.50% in the last 24 hours. The coin has underperformed the cryptocurrency market.
Bitcoin is expected to reach a price of $99,264 by Mar 15, 2025, indicating a potential 20.51% increase in the next 5 days.
Recent Market Activity
Over the last 30 days, Bitcoin displays a negative trend, losing -14.20%. Its medium-term trend has been bearish with a decrease of -15.20% over the last 3 months. However, there is a long-term positive outlook with an 18.68% increase compared to last year. Last year on this date, BTC was priced at $69,474.
Bitcoin reached its all-time high on Jan 20, 2025, with a peak price of $109,079. The current cycle high is $94,808, while the cycle low stands at $78,535. Bitcoin has exhibited low volatility recently, maintaining a 1-month volatility of 5.57, with 12 green days in the last 30 days.
Technical Analysis – Mar 10, 2025
The sentiment in Bitcoin markets is currently Bearish, with a Fear & Greed index indicating Extreme Fear. Important support levels to watch are $78,507, $76,242, and $72,271, while resistance levels are $84,743, $88,714, and $90,979.
Market Indicators
Six indicators signal a bullish prediction for Bitcoin, whereas 24 indicators show a bearish forecast, revealing an 80% preference for a negative outlook.
Investor Sentiment
The Fear & Greed index is currently at 20 (Extreme Fear), indicating a negative market outlook among investors. A “Greed” reading would imply optimism, while a “Fear” reading suggests hesitance, potentially allowing for a buying opportunity.
Bitcoin Technical Indicators
Moving Averages & Oscillators
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
|---|---|---|---|---|
| MA3 | $87,872 (SELL) | $91,425 (SELL) | – | – |
| MA5 | $88,191 (SELL) | $93,329 (SELL) | – | – |
| MA10 | $88,720 (SELL) | $94,959 (SELL) | – | – |
| MA21 | $90,655 (SELL) | $95,879 (SELL) | $168,905 (SELL) | $88,224 (SELL) |
| MA50 | $96,053 (SELL) | $94,725 (SELL) | $111,266 (SELL) | $74,830 (BUY) |
| MA100 | $96,408 (SELL) | $88,741 (SELL) | $88,481 (SELL) | $60,984 (BUY) |
| MA200 | $83,205 (SELL) | $79,491 (BUY) | $53,674 (BUY) | $47,262 (BUY) |
Indicator Values
| Period | Value | Action |
|---|---|---|
| RSI (14) | 34.89 | NEUTRAL |
| Stoch RSI (14) | 59.98 | NEUTRAL |
| Stochastic Fast (14) | 42.09 | NEUTRAL |
| Commodity Channel Index (20) | -66.67 | NEUTRAL |
| Average Directional Index (14) | 38.01 | SELL |
| Awesome Oscillator (5, 34) | -5,638.30 | NEUTRAL |
| Momentum (10) | 2,159.90 | BUY |
| MACD (12, 26) | -7.81 | NEUTRAL |
| Williams Percent Range (14) | -57.91 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 55.59 | NEUTRAL |
| VWMA (10) | 87,271.04 | SELL |
| Hull Moving Average (9) | 89,596.95 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 88,984.22 | NEUTRAL |
The Relative Strength Index (RSI 14) indicates that BTC currently shows a neutral position at 34.89. The 50-day Simple Moving Average (SMA 50) is bullish. Conversely, the 200-day Simple Moving Average (SMA 200) indicates a bearish trend.
Conclusion
In summary, the Bitcoin price prediction currently appears Bearish. BTC would need to increase by 20.51% to achieve the target of $99,264 within 5 days. It is crucial to monitor market sentiment, support and resistance levels, and other indicators, as cryptocurrency markets can be unpredictable with significant price volatility. For long-term Bitcoin price forecasts, 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 the form of legal, financial, and fiscal advice before making any investment decision.
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