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Cryptocurrency News Articles
Bitcoin (BTC) Price Prediction: Will BTC Jump to $90,000?
Mar 19, 2025 at 05:46 am
Bitcoin price has been going up and down, but it is still showing signs of strength. Currently, BTC is trading at around $82,370, and some experts believe it could jump to $90,000 soon.
Bitcoin (BTC) price has been going up and down, but it is still showing signs of strength. Currently, BTC is trading at around $82,370, and some experts believe it could jump to $90,000 soon.
A triangle pattern is forming in Bitcoin’s price, which often means a big move is coming. If BTC breaks past resistance, it could go even higher. But if it doesn’t, the price might fall for a while before trying again.
Bitcoin’s Price Chart Shows a Pattern
Looking at BTC’s price chart, we see a triangle shape forming. This pattern usually indicates that the price is getting ready for a big move.
If BTC manages to break above this pattern, it could continue rallying and reach the psychological level of $90,000 or even higher.
However, if the bulls fail to push past this point and the price drops, it might fall back to the lower support level at around $78,000 before another attempt to break higher.
This pattern has been forming since February 15, 2025, and it's interesting to note that March 17, 2025 saw a large transaction of 1,500 BTC.
Another important factor to consider is Bitcoin miners. Miners tend to sell some of their BTC to exchanges when they feel optimistic about the price going higher.
Recently, as BTC’s price approached the $90K mark, miners reportedly sold more BTC to major exchanges, impacting the market trends.
A Whale Moved $25.1 Million in Bitcoin—What Does It Mean?
A huge BTC holder (whale) was recently spotted moving $25.1 million worth of BTC to FalconX, a trading platform.
This whale had bought 1,500 BTC in August 2023 at an average price of $26,353 per Bitcoin.
With Bitcoin’s price now much higher, this investor made an estimated profit of $85.7 million—a 219% gain!
Big movements like this can affect the market. If more whales decide to sell, BTC’s price might drop for a short time. But if investors keep holding and accumulating more BTC, it could continue climbing.
Will Bitcoin Reach $90,000?
The direction of BTC’s next move will depend on how traders react in the coming days.
Right now, miners and whales are actively engaging in the market, and Bitcoin is still testing key price levels. The next few days will be crucial in determining whether BTC manages to break higher or drops back to the lower support.
To conclude, BTC is in an interesting phase, and many traders believe it could hit $90K soon. The triangle pattern in BTC’s price, together with large transactions from whales and miners, indicate that the market is preparing for a significant move.
If BTC maintains its strength and manages to break past the resistance, it could continue rallying. But if it fails to break through, the price may drop back to the support level before another attempt to push higher. Investors should continue monitoring the market closely to see what unfolds next.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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