Bitcoin - Overview as of 04.03.2025

Financial and commodity markets analytics


In the cryptocurrency market, bitcoin has once again fallen below the $85,000 mark. This decline led to the liquidation of long positions worth more than $150 million within a few hours. within a few hours. The decline started from the zone we described yesterday resistance ($90000-94000). The market is waiting for the statements U.S. President Donald Trump's statements regarding possible investment decisions, which increases nervousness among investors. At the current moment, the price is testing the lows reached earlier, however, even if the decline continues, below the level of $75000 the market may meet a significant support. It should be taken into account in case of planning sale transactions.