The Bitcoin Prize closed the last week on a positive note and hopes to start the new week on an even stronger foot. However, Sideways Movement has been a constant function in Bitcoin this weekend price action so far in 2025.
Similarly, the flagship Cryptocurrency has struggled to build on Friday’s speedrecords no significant change over the past day. A market analysis company MorecryptoOnline has identified specific price levels that can be crucial for the future BTC price track.
Here’s why bitcoin must break the resistance to $ 86 700
In a March 15 post on the X platform, MoreCryptoonline shared An interesting bitcoin price analysis that identifies the important levels of potential short-term movements. During the past week, Bitcoin produced a rather choppy price movement characterized by a series of winnings and losses of almost similar margins.
Above all, the main Cryptocurrency over the height of the week broke $ 84,294 to regain the price level of $ 85,000. However, the Bullish Momentum proved unsustainable, as sales pressure quickly triggered an immediate retracing.
Source: @Morecryptoonl/X
As shown in the diagram above, Morecryptoonline expects that if the Bitcoin price handles a successful ending over the specified delivery barriers, a force to $ 89,012 can be on the cards. This movement would probably be followed by a minor return to $ 87 204 before the Bitcoin price finally returns to about $ 92,017.
On the back is the second most important support for the BTC price around the $ 82,564 region. If the market leader slides during this price pad, investors can effectively conclude that the latest price outbreak was a failure.
In this case, overwhelming sales pressure can force the price of bitcoin to about $ 77,859, with the risk of falling as low as $ 71 011.
Bitcoin price
From this writing, Bitcoin is priced to about $ 84,050, which reflects no significant movement over the past 24 hours. According to Data from Coytecko, the foremost Cryptocurrency is down by over 2% in the last seven days. With a market value of $ 1.67 trillion, BTC remains the world’s largest Cryptocurrency.
The price of BTC is hovering around the $84,000 mark on the daily timeframe | Source: BTCUSDT chart on TradingView
Image from iStock, chart from tradingview
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