比特幣（BTC）的價格在過去24小時內的價格上漲了2％，從每日低點的79,059.43恢復到日內高點為83,737.45美元。這種波動強調了領先的加密貨幣對更廣泛的市場力量的敏感性。

比特幣在過去24小時內的價格上漲了2％，從每日低點的79,059.43恢復到日內高點83,737.45。這種波動強調了領先的加密貨幣對更廣泛的市場力量的敏感性。

Bitcoin price rose 2% in the past 24 hours as it recovered from a 24-hour low of $79,059.43 to an intraday high of $83,737.45. This signaled the sensitivity of the leading cryptocurrency to broader market forces.

在過去的24小時內，比特幣價格上漲了2％，因為它從79,059.43美元的24小時低點恢復到日內高點為83,737.45美元。這標誌著主要的加密貨幣對更廣泛的市場力量的敏感性。

According to Geoff Kendrick, Standard Chartered’s Head of Digital Assets Research, Bitcoin’s performance is closely linked to the Magnificent Seven tech stocks. In fact, when comparing volatility-adjusted returns, he says that Bitcoin ranks in the same league as Tesla (TSLA), Meta (META), and Apple (AAPL).

根據標準憲章的數字資產研究負責人傑夫·肯德里克（Geoff Kendrick）的說法，比特幣的性能與宏偉的七種技術股票密切相關。實際上，在比較波動率調整後的回報時，他說比特幣與特斯拉（TSLA），Meta（Meta）和Apple（AAPL）相同。

What’s Driving Bitcoin’s Price?

什麼是駕駛比特幣的價格？

Kendrick maintains that Bitcoin’s recent dip wasn’t due to any fundamental weakness. Instead, he attributes it to macroeconomic factors impacting global risk assets.

肯德里克（Kendrick）堅持認為，比特幣最近的下降並不是由於任何根本的弱點。相反，他將其歸因於影響全球風險資產的宏觀經濟因素。

He highlights two critical factors for Bitcoin’s price recovery. First, a rebound in high-growth tech stocks, like the Magnificent Seven, could indicate a positive shift for Bitcoin.

他強調了比特幣價格恢復的兩個關鍵因素。首先，像宏偉的七人一樣，高增長技術股票的反彈可能表明比特幣發生了積極的轉變。

Second, further accumulation of Bitcoin, like the US government’s plan to create a Bitcoin reserve, could be a bullish catalyst. And if other countries follow suit, the demand for BTC would increase again.

其次，比特幣的進一步積累，例如美國政府創建比特幣儲備的計劃，可能是看漲的催化劑。如果其他國家效仿，對BTC的需求將再次增加。

Fed Policy: A Major Wildcard

美聯儲政策：主要的通配符

A crucial short-term factor influencing Bitcoin’s price is the Federal Reserve’s interest rate policy. The Federal Open Market Committee (FOMC) meets on March 19, and the market is almost certain (97%) that rates will remain at 4.50%-4.75%. This decision could have a significant impact on Bitcoin’s price.

聯邦儲備的利率政策是影響比特幣價格的關鍵因素。聯邦公開市場委員會（FOMC）於3月19日開會，市場幾乎確定（97％），利率將保持4.50％-4.75％。這個決定可能會對比特幣的價格產生重大影響。

If the Fed hints at future rate cuts, it could benefit Bitcoin by signaling a return of investor confidence and a “risk-on” environment.

如果美聯儲提示未來的稅率削減，則可以通過向投資者的信心回報和“風險啟用”環境的回報來使比特幣受益。

Kendrick adds that if the odds of a May rate cut increase from 50% to 75%, then we could see a 15%-20% move in BTC from current levels.

肯德里克（Kendrick）補充說，如果可能降低的機率從50％降低到75％，那麼我們可以看到BTC從當前水平上移動15％-20％。

Key Price Levels to Watch

關鍵的價格水平要觀看

The 20-day Exponential Moving Average (EMA), currently at $87,388, is a key resistance level that Bitcoin must clear to regain bullish momentum.

目前為87,388美元的20天指數移動平均線（EMA）是比特幣必須清除的關鍵阻力水平，才能重新獲得看漲的勢頭。

However, crypto market analyst Ali Martinez highlights on-chain data from Standard Chartered, showing strong support at $79,270 and a deeper support zone at $69,450. If Bitcoin price slips below $76,500, it could retest these lower levels.

但是，加密市場分析師阿里·馬丁內斯（Ali Martinez）強調了來自標準包機的鍊鍊數據，顯示出79,270美元的強勁支持，更深層次的支持區為69,450美元。如果比特幣價格低於$ 76,500，則可以重新確定這些較低的水平。

Despite the short-term uncertainty, Kendrick remains optimistic in his long-term outlook. He predicts that Bitcoin will reach $200,000 by the end of 2025.

儘管短期不確定性，肯德里克（Kendrick）的長期前景仍然樂觀。他預測，到2025年底，比特幣將達到200,000美元。