bitcoin is currently quoted at $ 90,800 after a strong rebound of 13% from the level of $ 81,000, since the Bulls try to recover control of the price action. After days of volatility and uncertainty, bitcoin's recovery has renewed optimism in the market, but merchants remain cautious as btc faces key resistance levels.
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All eyes are now in President Trump crypto Summit on Friday, where he is expected to announce a definitive plan for the strategic crypto reserve of the United States. This event could have a great impact on bitcoin's trajectory, since regulatory clarity and institutional participation could boost the renewed interest of investors.
The superior analyst Ali Martínez shared a technical analysis in x, highlighting a crucial resistance level at $ 97,000. According to his analysis, if bitcoin claims $ 97K, he could gain impulse for a mass demonstration around $ 150,000. This level is a key breakdown area, which could trigger a new advantage in the current market cycle.
With bitcoin around, just below a significant resistance, the next few days will be critical to determine if btc can push higher or face another setback. The merchants are closely observing the confirmation of a break, with the crypto summit to be a potential catalyst for the next great movement.
bitcoin has faced massive volatility and strong price changes since last week, keeping nerve merchants while fighting to establish a clear tendency direction. After reaching $ 96,000, btc submerged more than 18% to $ 78,000, which caused the sale of panic and generalized settlements. This strong fall eliminated overvalued positions, which led to greater uncertainty as investors sought signs of stabilization.
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From the crash, bitcoin has been balanced up and down, not confirming a decisive movement in any direction. Each attempt of a sustained break has encountered the sales pressure, while the dives have been received with the demand, leaving btc trapped in a high volatility phase.
MARTÍNEZ <a target="_blank" href="https://x.com/ali_charts/status/1897440993752100984″ target=”_blank” rel=”nofollow”>Technical Analysis in x He points out that if bitcoin claims $ 97,000, he could gain impulse for a movement towards $ 150,000. Its analysis is based on the upper indicator of the PI cycle, a historically reliable tool to identify the market cycle peaks and the main reversions of trends. bitcoin could prepare for a massive rally if the price follows the behavior of the previous cycle, assuming that the key levels of supply are recovered.
<img data-recalc-dims="1" fetchpriority="high" decoding="async" class="wp-image-707808 size-large" src="https://technicalterrence.com/wp-content/uploads/2025/03/Bitcoin-could-gain-impulse-for-a-transfer-to-150000.jpeg" alt="bitcoin Pi Cycle Top Indicator | Source: Ali Martínez in x” width=”860″ height=”484″ srcset=”https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=1200 1200w, https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=860 860w, https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2025/03/btc_92b6ea.jpeg?w=1140 1140w” sizes=”(max-width: 860px) 100vw, 860px” loading=”lazy”/>bitcoin Pi Cycle Top Indicator | Fountain: <a target="_blank" href="https://x.com/ali_charts/status/1897440993752100984″ target=”_blank” rel=”nofollow”>Ali Martínez in x
For now, the resistance of $ 97,000 remains a critical barrier. If btc can turn this level in support, the market could see a rapid bullish expansion. However, the lack of recovery of these levels could lead to greater consolidation or another leg down before any change of important tendency occurs.
bitcoin is currently quoted at $ 90,800 after lasting days of mass sale and negative feeling. Despite the recent attempts to recover the impulse, btc has fought to establish a clear trend, leaving the cautious merchants about their next movement.
For bitcoin to confirm a recovery, it must be maintained above $ 90,000 in the next few days. Maintaining this level would indicate a renewed resistance and could prepare the stage for a mass breakup. If btc maintains this position, you could follow a boost to higher levels above $ 95,000 and more, which takes the market to the upward territory.
However, if bitcoin does not have $ 90,000, the situation could quickly be bassist. More importantly, losing the level of $ 85,000 would probably trigger a renewed sales pressure and even the sale of panic as merchants rush to protect their positions. A breakdown under this key support zone would indicate more downward risks, which could send btc to lower demand levels.
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With market volatility still high, the next few days are critical to determine bitcoin's short -term management. If btc stabilizes above $ 90K or faces another leg, it will shape the market impulse in the coming weeks.
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