$BTC ๐๐ฅ BITCOIN PRICE ACTION UPDATE โ MARCH 21, 2025 ๐ฅ๐
Current Price: $83,922 (-2.24%)
Intraday High: $86,428
Intraday Low: $83,601
Technical Analysis:
Support Level: 50-day SMA at $83,639
Resistance Level: $86,600
Pattern: Symmetrical triangle indicating potential breakout
Fundamental Analysis:
Market Sentiment: Bullish due to pro-crypto policies
Analyst Predictions: Potential surge to $120,000 by early 2025
Today's Prediction:
Expect trading between support at $83,600 and resistance at $86,600. A breakout above resistance may signal a bullish trend; a drop below support could lead to consolidation.
Note: Cryptocurrency markets are volatile. Conduct thorough research before making investment decisions.