Bitcoin (BTC) Price Breaks Past $87,000 Mark as Market Volatility Ramps Up

Bitcoin (BTC) has been catching investors’ attention lately as market volatility ramps up. Today, it stayed in the green and broke past the $87,000 mark.

Jakarta, pintunews – The attention of investors is currently focused on Bitcoin (BTC) as market volatility is heating up.

Today, BTC is in the green and has breached the $87,000 mark as traders set their sights on the $90,000 level.

Furthermore, there are predictions that another rally could take Bitcoin to a new all-time high.

Bitcoin Price Up 0.34% in 24 Hours

As of March 27, 2025, Bitcoin (BTC) is trading at $87,629, or around IDR 1,455,735,519, showing a slight increase of 0.34% over the past 24 hours.

During that time, it dipped to a low of IDR 1,431,616,283 and climbed as high as IDR 1,466,840,539.

According to CoinMarketCap, Bitcoin’s market capitalization has now risen to $1.73 trillion, with trading volume in the last 24 hours decreasing by 8% to reach $27.08 billion.

Read also: Dogecoin Price Remains Stable Today (3/27/25), Despite Billionaire's Crypto Purchases

Bitcoin Price Approaches $90,000

In the past 24 hours, BTC moved in a range between $1,431,616,283 to $1,466,840,539.

Amidst this movement, recent predictions suggest that the price of Bitcoin could surge past $90,000 by next month.

However, renowned crypto analyst, Michael van de Poppe, believes that Bitcoin’s uptrend is still quite strong. He highlighted how BTC continues to retest slowly and consistently, which he sees as a positive sign for further upside potential.

According to Van de Poppe, this pattern usually occurs when a strong trend is in play.

Furthermore, Van de Poppe expects Bitcoin to continue climbing towards the $90,000 mark in the next few days. Interestingly, he also mentioned that every day opens up opportunities for BTC to print new lows before continuing its uptrend.

Similar sentiments were expressed by market analyst, Rekt Capital, who compared BTC’s current price action to the consolidation phase in 2021.

According to him, Bitcoin is currently moving between the 21-week and 50-week EMAs, a pattern that was also observed before BTC hit its record high (ATH) in November 2021.

If history repeats itself, it’s not impossible that Bitcoin will head towards its next big rally and print a new ATH.

Bitcoin Macro Indicators Point to Further Upside Potential

Adding to the positive sentiment in the market, crypto trader Javon Marks provided an even more optimistic outlook, setting Bitcoin’s price target at $116,652.

Marks highlighted that Bitcoin is currently showing a number of bullish signals from the macro side. These include:

* A massive price increase of 300% from the 2022 lows;

* The possibility of a new all-time high in the next 5 to 6 months; and

* Several financial institutions launching Bitcoin products to gain market share.

These various indicators suggest that the ongoing bull market cycle is likely to continue, pushing BTC prices even higher.

In line with this view, market analyst Ali Martinez has pointed out the massive accumulation by whales. Martinez reported that there are 48 new wallets which now hold more than 100 BTC.

This large-scale accumulation spike indicates increased confidence from institutional investors and high-net-worth individuals, a strong signal that the potential for Bitcoin price increases is still open.

What’s Next for Bitcoin?

Looking at the latest predictions and analysis from experts, the future of Bitcoin seems to be getting brighter. One of the most prominent figures in the crypto world, Arthur Hayes, predicts that the price of BTC could break $110,000 in the near future.

Even so, the volatile market conditions meant that many investors chose to wait and watch from the sidelines.

However, recent market trends are giving quite positive signals for the future. For instance, two financial giants – 21Shares and BlackRock – have launched Bitcoin ETP (Exchange-Traded Product) products in the emerging European market.

This move is believed to encourage wider adoption of Bitcoin, which could ultimately be the main driver of BTC’s price increase in the near future.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

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