5 things to know in Bitcoin this week

Bitcoin (BTCIt goes to the end of the first quarter near its highest level for two weeks, with a decrease in the number of feelings circulating about improving techniques.

• Participants are placed in the Bitcoin market for new BTC prices, which may even constitute its lowest multiple levels.

• PCE week coincides with the last full trading week of March, and risk assets show a hint of optimism.

• When it comes to the strength of the BTC price, RSI increases increasingly upward.

• Bitcoin bearers are exposed in the short term in the short term, amid serious, unrealized losses.

• Stablecoin shares on Binance has recorded standard levels in what the research hopes a positive indication of the investor’s confidence.

Bitcoin merchants see the next negative side

Bitcoin is approaching a match with Continue for two weeks With the start of the week, data from Cointelegraph Markets Pro and Tradingvief He appears.

Between merchants, however, the mood remains firmly.

The bulls have a lot to do in order to raise a reliable upward trend, and despite its 15 % rise against its lowest levels since the time earlier this month, BTC/USD may witness a new decrease.

“The feeling of the market has been restored after the short liquidation has reached $ 87.1 thousand. It may be a good opportunity for MM to get rid of the market again,” wrote the famous trader Crypnuevo in his latest analysis of X.

“We may see a decline from here for the next 1-2 weeks, and recover this recovery.”

Crypnuevo moves on the downside to more than $ 80,000 as a profitable and possible goal, as followers are advised to “observe risks”.

HTL-NL Fellow Trading Account Described The near -term scenario “does not look good” for bulls, looks to $ 90,000 as a roof before the reflection begins.

Even among its most enthusiastic supporters, the MID-70,000 Ghost remains. Arthur Hayes, the former CEO of Crypto Exchang Bitmex, argues that BTC/USD can advance to the highest new levels ever of $ 110,000 before 30 % collapse.

“Once again, I still think we are decreasing before we return to the resistance re-test 88-90K”, at the same time Add On short time frames.

previously, Cointelegraph mentioned In many major support trend lines that need to be restored as part of any BTC recovery.

These simple averages of 200 days and captive, currently included $ 85.050 and 85,500 dollars, respectively.

PCE comes in light of the definitions

The last full trading week of Q1 2025 starts with a relief hint of risk assets as the shares end a four -week loss chain.

A wild journey of stocks since the beginning of the year has approached its end, and with it a more volatile period of bitcoin and encryption.

However, more surprises can come before closing the quarterly candle.

March 28 is the main date in the traders’ diaries this week, as it hosts the February Press Press Index for the US Personal Consumption (PCE).

It is known that it is a “favorite” “Federal” inflation scale, PCE It came in expectations below Last month, with the coming numbers widespread to be identical.

Quoted from the estimates of the Federal Reserve, the detailed financial market research company has witnessed positive developments for the development of morale on risk.

“The Federal Reserve’s inflation model is currently estimated that the main and basic address for each consumer price index and PCE will have two equivalents by March,” Note Last week.

“Fit for more discounts.”

The latest estimates from the CME’s Group Fedwatch tool Meanwhile, market possibilities for interest rate discounts show unchanged, with the Federal Open Market Committee meeting in June (FOMC) as a possible timeline to see financial conditions.

The arrangement of the mutual tariff for the United States government, which is scheduled to be broadcast on April 2, can reduce any optimism.

In a press conference yet FOMC last meeting Last week, Federal Reserve Chairman Jerome Powell was killed by definitions as a “driving factor” in increasing inflation expectations.

He said: “You may have seen that the enlargement of goods has increased significantly in the first two months of the year. In an attempt to follow that return to increases in the actual tariff, given what the tariff was and what was not, is very difficult. So, some of them.”

“It is clear that the answer is some of them, a good part of it comes from the definitions.”

RSI signals press BTC Bricuts key

When it comes to signs of the continuation of the market early, Bitcoin is currently enjoying Several classics at the same time.

All of these hinges on the relative strength index (RsiThe main momentum index that is in the exit phase across both long and short time frames.

Market monitors are very looking for a bullish imbalance on the relative power index, which abandons the weekly time frameworks for a declining trend in its place since November 2024.

It was originally monitored by the famous Rekt Capital, and the process continues, as RSI seeks to confirm the downward trend line as support before heading up.

Rekt Capital wrote in his book Last update On the topic.

As I mentioned By his colleague, analyst Matthew Hayland, BTC/USD now confirmed a bullish difference in the weekly graph for the first time since September last year.

Daily RSI in the meantime measures 51.4 at the time of writing this report-above the main center point and fighting to reach its highest new levels.

Bitcoin speculators face a profit waiting game

Glassnode from ONSAIN Analytics, which reaches six months, warns that Bitcoin holders in the short term-new expatriate entities of up to six months.

There The last analysis On X, Glassnode showed significantly unrealized losses between the STH group, one traditional one more sensitive to the short -term BTC volatility.

“The unrealized losses have increased, prompting many of the coins of the underwater STH, close to the +2σ doorstep,” he indicated alongside the plan that applies the standard deviation to the performance of their holdings.

like Cointelegraph mentionedThe last trips were to the lowest levels for several months for BTC/USD accompanied by the great panic that these new investors sell, as many chose to get out of their positions with a loss.

However, Glassnode is noticed compared to historical extremism, and current losses are hardly competing.

“The 30 -day achieved loss in Bitcoin was $ 7 billion, which represents the largest sustainable loss event in this session,” he said.

“However, this is still much lower than previous surrender events, such as the losses of $ 19.8 billion and 20.7 billion dollars in 2021-22.”

Stablecoin reserves offer a glimmer of hope

Meanwhile, the additional data indicates the return of the investor’s confidence in the largest encryption exchange.

Related to: Bitcoin price recovery groups base for ton, Avax, near, OKB to the gathering

The Onchain Analytics Cryptoquant platform, the total Stablecoin Standard ERC-20 reserves New levels in all ages More than $ 31.8 billion on March 21.

“Binance is still a exchange with the highest trading sizes, which makes this an important development,” Darkfost’s shareholder wrote in one of them.QuickTakeBlog publications on March 23.

“There are many factors behind this increase, but more importantly, investors in Binance remain confident and prepare to enter or re -enter the market.”

Darkfost acknowledged that Binance itself may be the additional liquidity source because it is preparing for a possible rise in activity.

“However, seeing this stablecoins remains on Binance is generally a positive sign of the market,” and concluded by saying.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.