#BTC
As of March 28, 2025, Bitcoin (BTC) is trading around $85,962, reflecting a 1.6% decrease over the past 24 hours. This decline follows a brief surge earlier in the week, where BTC reached an intraday high of $88,839 but struggled to maintain this level, leading to a current price of $85,755.
Analyst Michaël van de Poppe observes that Bitcoin's upward trend shows signs of weakness. He suggests that if BTC falls below $84,000, it might test the $78,000-$80,000 range before a potential rebound.
In a significant development, the U.S. government recently transferred 97.3 BTC, valued at approximately $8.46 million, from its reserves. This move has sparked curiosity and speculation among market participants regarding its potential impact on Bitcoin's price dynamics.
Looking ahead, some analysts predict that Bitcoin could surpass $150,000 in 2025, driven by favorable regulatory changes and increased institutional adoption.However, it's important to note that Bitcoin's market is highly volatile, and prices can fluctuate rapidly due to various factors.