比特币（BTC）价格可能会回顾为70,000美元，作为当前牛市的有机部分

在过去的一周中，比特币（BTC）下跌了14％以上，在投资者对唐纳德·特朗普总统的直接联邦比特币投资感到失望之后，在唐纳德·特朗普总统3月7日的行政命令中感到失望，该命令概述了一项计划，该计划概述了使用政府刑事案件中没收的加密货币制定比特币储备金的计划。

Bitcoin (BTC) fell more than 14% during the past week to reach around $80,708 by 12:00 p.m. Litvinov believes that investors were disappointed with the lack of direct federal Bitcoin investments in President Donald Trump’s March 7 executive order that outlined a plan to create a Bitcoin reserve using cryptocurrency forfeited in government criminal cases.

在过去的一周中，比特币（BTC）下跌了14％以上，到下午12:00，Litvinov认为，在唐纳德·特朗普总统3月7日的行政命令中缺乏直接联邦比特币投资的投资使投资者感到失望，该计划概述了一项计划，该计划概述了在政府犯罪案件中使用密码造成比特币储备的计划。

However, cryptocurrencies and global markets remain in a “macro correction” as part of the bull market, according to Aurelie Barthere, principal research analyst at the Nansen crypto intelligence platform.

但是，根据Nansen Crypto Intelligence Platform的首席研究分析师Aurelie Barthere表示，加密货币和全球市场仍然处于“宏观校正”中。

Most cryptocurrencies have broken key support levels, making it hard to estimate the next key price levels, the analyst told Cointelegraph, adding:

分析师告诉Cointelegraph，大多数加密货币都打破了关键支持水平，因此很难估计下一个关键价格水平。

“We are still in a correction within a bull market: Stocks and crypto have realized and are pricing; a period of tariff uncertainty and fiscal cuts, no Fed put. Recession fears are popping up,” added the analyst.

“我们仍在牛市中进行更正：股票和加密货币已经意识到并且正在定价；一段时间的关税不确定性和财政削减，没有美联储。经济衰退的担忧正在弹出。”分析师补充说。

Other analysts have also warned that Bitcoin may experience a deeper retracement toward the “low $70,000’s range, which may “provide a foundation for a more sustainable recovery,” from the recent lows around $68,000, according to Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo.

Digpath Analyst Nexo的Dispatch分析师Iliya Kalchev表示，其他分析师还警告说，比特币可能会对“ 70,000美元范围的低$ 70,000范围”进行更深入的回溯，这可能“为更可持续的恢复提供基础，从最近的低点约68,000美元中。

Bitcoin's 36% correction to $70K ‘normal’ for a bull market: Arthur Hayes

比特币对牛市的36％更正至$ 70K的“正常”：亚瑟·海斯（Arthur Hayes）

Meanwhile, crypto derivatives exchange BitMEX co-founder Arthur Hayes said that he expects to see a deeper retracement of around 36% from November 2021’s all-time high of $69,000 to the $44,000 range, before a return to new highs.

同时，加密衍生品交换Bitmex联合创始人Arthur Hayes表示，他希望从2021年11月的历史最高售价为69,000美元，至44,000美元的范围内，将看到更深层次的回溯，然后再回到新高高。

Bitcoin’s potential retracement to the $70,000 psychological mark would still fall within the regular price movement of a bull market, according to Hayes.

据海斯（Hayes）称，比特币对70,000美元的心理标记的潜在回溯仍将属于牛市的正常价格转移。

In a March 11 X post, Hayes said that crypto traders and investors should not be surprised to see Bitcoin revisit the $40,000 range, which is around a 36% correction from November 2021’s all-time high of $69,000.

海斯在3月11日的X帖子中说，加密货币交易员和投资者不应该惊讶地看到比特币重新审视了40,000美元的范围，这是2021年11月的历史最高售价约为69,000美元的36％。

After reaching a high above $42,000 on March 10, Bitcoin dropped to as low as $38,000 on March 13, and was last trading around $39,000.

3月10日达到高于42,000美元的高价后，比特币在3月13日下降到38,000美元，最后交易左右约39,000美元。

According to Hayes, cryptocurrencies and global markets are still in a bull market, despite investor concerns of an early arrival of a bear market cycle due to the recent volatility in crypto prices and U.S. stock markets.

根据海斯的说法，尽管投资者担心加密货币价格和美国股票市场的波动，但加密货币和全球市场仍处于牛市。

“Then we get Fed, PBOC, ECB, and BOJ all easing to make their country great again,” added Hayes, referring to quantitative easing, a monetary policy where central banks increase the money supply by buying government bonds and other financial assets.

海斯补充说：“然后，我们得到了喂养，PBOC，欧洲央行和棚屋，使他们的国家再次变得伟大。”

Quantitative easing has historically been positive for Bitcoin price.

历史上，比特币价格是积极的。

Bitcoin’s price rose over 1,050% during the last quantitative easing period, from just $6,000 in March 2020 to $69,000 by November 2021, after the Federal Reserve’s quantitative easing policy was announced during the COVID-19 pandemic on March 23, 2020, buying over $4 trillion worth of assets such as treasuries.

在上一定量化期间，比特币的价格上涨了1,050％以上，从2020年3月的6,000美元到2021年11月的69,000美元，此前联邦储备的定量宽松政策在2020年3月23日大流行期间宣布了诸如国库等价值超过4亿美元的资产。

BTC/USD (1W) (2020-2021) (Chart via TradingView)

BTC/USD（1W）（2020-2021）（通过TradingView图表）

Analysts remained optimistic about Bitcoin’s price trajectory for late 2025, with price predictions ranging from $160,000 to above $180,000.

分析师对比特币2025年末的价格轨迹保持乐观，价格预测范围从160,000美元到180,000美元不等。