#TradersBootCamp $BTC Over the past week, Bitcoin (BTC) has experienced notable volatility, trading between intraday lows of approximately $78,000 and highs around $84,000.

BARRON'S

As of March 13, 2025, BTC is trading at approximately $83,463.

Analysts are divided on Bitcoin's short-term trajectory. Some caution about potential declines, with 10X Research suggesting a possible drop to $73,000 as Bitcoin seeks support at crucial technical levels.

INVESTORS.COM

Conversely, Cathie Wood of ARK Investment Management maintains a long-term bullish outlook, predicting substantial growth for Bitcoin, potentially reaching $1.5 million, though this perspective focuses on a longer timeframe.

BARRON'S

In the immediate future, technical indicators present mixed signals. The Relative Strength Index (RSI) has recently shown overbought conditions, suggesting a potential short-term consolidation or correction. However, as long as Bitcoin remains above its 200-day moving average, currently around $64,000, the overall trend is considered bullish.

CRYPTONEWS.NET

Given these factors, Bitcoin's price over the next week is expected to fluctuate within the support and resistance levels of $80,000 and $85,000, respectively. Investors are advised to monitor these key levels and stay updated on market developments to make informed decisions.

Disclaimer: Cryptocurrency markets are highly volatile and unpredictable. This analysis does not constitute financial advice. Always conduct your own research before making investment decisions.