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Cryptocurrency News Articles

Bitcoin (BTC) Price Prediction: BTC Volatility Continues as the Market Experiences Massive Selling Pressure

Mar 04, 2025 at 11:30 pm

Bitcoin has faced massive volatility and selling pressure as wild price swings dominate the market. After reaching a high of $96,000 last week

Bitcoin (BTC) Price Prediction: BTC Volatility Continues as the Market Experiences Massive Selling Pressure

Bitcoin (BTC) faced massive volatility and selling pressure as wild price swings continue to dominate the market.

After surging to a high of $96,000 last week, BTC saw a sharp 18% retrace, plunging to $78,000 last Friday. The sudden drop intensified fears of a deeper correction, with traders scrambling to assess the next move.

However, in a dramatic reversal, Bitcoin quickly reclaimed key levels, surging over 11% in just hours to reach $95,000 following President Trump’s announcement of a crypto strategic reserve. The market reaction was swift, with bullish sentiment briefly overpowering the recent selling pressure.

Yet, Bitcoin’s instability continued, with the price plunging over 12% in less than a day, once again falling below $85,000. This rollercoaster price action has left investors uncertain about BTC’s next move. According to CryptoQuant data, Bitcoin’s average volatility range has doubled in the past 10 days, signaling heightened instability across the market.

As BTC remains trapped in this high-volatility cycle, traders are watching for signs of a sustained breakout or deeper correction. With key levels constantly being tested, Bitcoin’s next move could determine whether the market sees another push toward six figures or faces further downside pressure.

Bitcoin Volatility Continues As Bulls Struggles

Bitcoin and the entire crypto market are facing significant pain as BTC struggles to break out of its current trading range and fails to confirm a push toward recovery. The market remains largely uncertain, with bulls unable to reclaim lost ground after BTC dropped below $90,000—a crucial level that previously supported its trading range.

This breakdown has shifted momentum, leaving Bitcoin in a precarious position as selling pressure increases. After yesterday’s price action, market sentiment has become increasingly bearish, with some analysts suggesting that a bear market could be on the horizon.

The failure to establish a strong recovery has weakened bullish confidence, raising concerns that Bitcoin’s recent volatility is signaling a further downside rather than a consolidation phase before another rally.

Sharing insights on X, top analyst Axel Adler revealed that Bitcoin’s average volatility range has doubled over the past 10 days. This surge in volatility suggests that the market is experiencing heightened speculation rather than forming a decisive trend.

The rapid price swings indicate a battle between bulls and bears, with neither side managing to take full control. This chaotic trading activity is fueled by short-term technical analysis, technical indicators, and fundamental news, leading to constant shifts in market direction.

The lack of clear trends makes it difficult to predict Bitcoin’s next major move. While some investors remain hopeful for a recovery fueled by anticipation of the U.S. Paycheck Protection Program and hopes for a no-deal Brexit, the overall market structure leans bearish unless BTC can reclaim key resistance levels.

If Bitcoin continues to struggle below $90,000 and $85,000, the risk of further downside increases, potentially confirming the start of a deeper correction. However, if bulls manage to push through these resistance zones, setting off a chain reaction of technical buy signals, then a relief rally could unfold.

As the uncertainty grows, traders are watching closely for signs of trend confirmation. Until BTC either reclaims lost ground or breaks down further, the market remains in limbo, with speculation driving the short-term price action rather than fundamental strength.

BTC Drops Below $85K Again

Bitcoin is currently trading at $83,800 after days of wild price swings above and below $90,000. The market remains volatile as bulls struggle to regain momentum after BTC lost its grip on several key support levels.

For Bitcoin to start a recovery, it must quickly reclaim the $90,000 level. A strong push above this price would signal renewed buying interest and could trigger a technical rally. However, the main level to hold remains $85,000. This price serves as the last defense before a potential deeper correction.

If BTC stays below $85,000 for the next few days, the risk of a massive drop increases. Extended weakness below this level could lead to accelerated selling, pushing Bitcoin toward lower support zones. Market sentiment is already leaning bearish, and further declines could confirm a shift toward a prolonged downtrend.

Traders are watching closely to see whether BTC can hold or break through these crucial tiers. The coming days will determine whether Bitcoin can stabilize and recover or if more downside is inevitable.

Without a reclaim of $90,000 soon, the pressure on bulls will continue to mount, making a deeper retrace more likely. However, if buyers manage to push through this resistance, setting off a chain reaction of technical buy signals, then a relief rally could unfold.

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!

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