Bitcoin, with a rebound in the cryptography market, reaching an estimate of 2.7 trillion dollars, Bitcoin returned above the mark of $ 83,000. Currently, it registers by 1.45% 24-hour growth, and a rebound of 24-hour minimum-81 261 dollars.
Will this be short -term recovery, after which almost 6%will jump last night, return the BTC to the mark for $ 90,000? Let’s find out.
Bitcoin prices analysis
In the daily diagram, the price range of BTC demonstrates the price of bonds from a critical support level of $ 76,720, as is predicted in our last analysis of Bitcoin prices. The short-term maintenance of the price of BTC seeks to re-hold the 200-day EMA line.
Bitcoin is currently trading near the level of $ 83,000, after the bull -absorbing candle. This increased the chances of a positive crossover in the MACD lines and a signal.
Nevertheless, the 50-day EMA lines are on the verge of a negative crossover to generate a sales signal. With intraday candles forming Dodzi, the uncertainty in the price trend of BTC is crystal clear.
Analyst signals the key levels of BTC prices
Ali Martinez, a crypto -analyst, emphasizes the possibility of a breakthrough in bitcoins. The analyst emphasizes the ascending triangle template with an overhead ceiling close to $ 83,500.
#Bitcoin $ BTC can be on the verge of 8% breakthrough! pic.twitter.com/jtibtthgjj
– Ali (@ali_Charts) March 12, 2025
Short -term recovery projects a breakthrough for recovery by 8%. In addition, the analyst also emphasizes the decisive resistance from 84,200 to 86,750 dollars.
Data in the @intotheblock chain is allocated two levels of keys to #Bitcoin $ BTC: 79,270 US dollars and $ 69,450. pic.twitter.com/gylqmgbjce
– Ali (@ali_Charts) March 12, 2025
This supply zone owns 287.2K BTC in 556.03K addresses. On the other hand, the analyst allocates important support from 79,200 to 81,700 US dollars, holding 301.41 thousand BTK in 368.55 thousand addresses.
Bitcoin ETF records seven days of consistent outflows
As an intra -day, despite the short -term recovery, the US Bitcoin Spot ETF maintain a clean outflow of the outflow of pure outflow in the amount of $ 371 million. USA March 11. This marked the seventh day of the outflow for BTC ETF.
Of the 12 ETF, three registered a clean zero stream, while BlackRock and Fidelity carried out an outflow. From the point of view of unloading, BlackRock recorded $ 151.26 million. USA, and Fidelity registered $ 107.10 million. USA.
Prices for BTC
Based on the projection analysis, short -term recovery in bitcoins hints at the bull continued to re -check the broken 200 EMA at 85,650 dollars. Optimistically, the recovery mileage can dispute along the eastern line of the trend, close to the mark of $ 90,000. On the other hand, decisive support remains about 76,700 dollars.
