Bitcoin (BTC) seems to be preparing for a large price decrease. On March 26, 2025, the total encryption market witnessed great fluctuations, which led to large price fluctuations from gains to losses.
Bitcoin work (BTC)
The cryptocurrency market is generally suffering from significant fluctuations in prices during the past few days. In late February and early March 2025, the market was very favorable. During this period, the encryption market witnessed an impressive momentum in the upward direction with the formation of a declining work pattern.
Bitcoin prediction
Bitcoin (BTC) formed the same style on the time frame for four hours. According to expert technical analysis, BTC has developed a rising wedge style, which is about to collapse.
Based on the movement of the last prices and historical patterns, if the BTC collapses of the style and closes a four -hour candle less than the level of 86200 dollars, there is a strong possibility to decrease by 8.5 %, which decreases the price to $ 78,700.
As of now, the BTC is traded without the Si -moving average (EMA) on the daily time frame, indicating a declining direction.
At a value of $ 232 million of BTC external flow
Despite the uncertainty in the market and the Haboodi price procedures, the whales and long -term holders accumulate BTC, according to the Series Analysis Company Coinglass.
Data reveals from the immediate flow and the external flow that exchanges have witnessed a large flow of $ 233 million from BTC during the past 24 hours, indicating a possible accumulation that can create purchase pressure and pay more bullish momentum.
This represents the fourth consecutive day of the BTC continuous flows of stock exchanges.
Hepbody expectations for merchants
However, it appears that merchants support the current market morale because they are betting very much on the short side. Data from Coinglass reveals that traders have been overwhelmed in records at 88,907 dollars on the upper side and 85,813 dollars on the underside, with short centers worth $ 1.20 billion and $ 722 million in short and long locations.
This clearly highlights that the bears are currently dominating the original, and the price will not rise to the highest level of $ 88,907.
Current price momentum
At the time of the press, BTC is trading near 86,690 dollars, after it decreased by 1.50 % during the past 24 hours. During the same period, the trading volume decreased by 10 %, indicating a decrease in participation from merchants and investors compared to the previous day.
