As of March 27, 2025, Bitcoin (BTC) is trading at approximately $87,503 USD.

After reaching a record high of $109,225 on January 20, Bitcoin experienced a decline of over 20%, stabilizing above $86,500. Recent technical analyses suggest that Bitcoin’s short-term momentum has improved, with potential resistance levels at $90,700 and $93,700, and support around $73,800. Some analysts forecast a potential rise towards $110,000, citing bullish technical patterns and significant whale accumulation. Conversely, betting markets indicate a 61% probability of Bitcoin reaching $110,000 in 2025, but show less confidence in higher valuations.    

In summary, while short-term indicators suggest potential upward movement for Bitcoin, the market remains cautious amid ongoing economic uncertainties and technical resistance levels.