Bitcoin takes a week to close a weekly over 85 thousand dollars to avoid correction to $ 76,000: analysts

Bitcoin analysts look at the Bitcoin price path per week for the next week, as traditional markets and encryption lack the trend amid a mixture of world trade war fears associated with inflation fears that reduce.

The price of Bitcoin (BTC) may witness more negative aspect next week unless he can close the week over the $ 85,000 psychological brand, according to Ryan Lee, the chief analyst at Bitget Research.

“The Bitcoin’s Relift gathered after FOMC and the lower CPI readings of analysts who are looking for a weekly proximity above $ 85,000, as it is very important to resume the upper momentum.”

“The closure above this level can prevent a decrease to $ 76,000 and signal power, while $ 87,000 will provide a clearer bullish confirmation. Total factors such as fixed rates and inflation risk assets, but Sunday closure will be crucial.”

The price of Bitcoin lacked momentum, as it rose only 0.9 % during the past week, as CointeleGRAPHTETS Pro shows. We weekly risk disappointing hopes dating back to the lowest level in the previous week of $ 76,600.

Related to: A whale closes $ 516 million, 40x Bitcoin short, profit pockets $ 9.4 million in 8 days

The markets must “pay attention” to the accumulation of a long -term worker: an analyst

Although Bitcoin may suffer from the negative side in the short term, the relief gathering after the FOOC Open Markets Committee (FOMC) was a positive sign for the market participants, according to Enmanuel Cardozo, a market analyst at the Bricken Relourl Asset platform (RWA).

Instead of short -term fluctuations, investors should pay attention to the long -term bitcoin holder to measure BTC direction, said Cointelegraph, adding:

“Long -term holders continue to be stacked, as we have seen in the data on the chain, accumulation by these pregnant women, and building quietly because the decline is what we must pay attention to.”

Their long -term holders have resumed the accumulation of bitcoin at the beginning of February, where they bought more than $ 21 billion in bitcoin since then.

The total bitcoin supplies that their owners keep in the long run by more than 250,000 BTC in less than two months, from 13.1 million BTC on February 11 to more than 13.3 million on March 22, Glassnode Data appears.

Related to: Trader Nets 480 thousand dollars with 1500x return before BnB Memecoin is 50 %

Despite a wave of positive organizational developments and private encryption, the global tariff fears will continue to pressure the markets until April 2, according to Nikolai Sondargard, a research analyst in Nansen.

https://www.youtube.com/watch?

magazine: Bitcoin’s possibilities in June, SOL 485 million dollars, and more: Hodler’s Digest, 2-8 March