Bitcoin - Overview as of 17.03.2025

Financial and commodity markets analytics


Despite the recent decline, bitcoin is showing resilience, supported by the stability of the derivatives market. Market indicators indicate neutral sentiment among investors, and the ratio of long and short positions in the margin markets indicate the prevalence of bullish expectations. bullish expectations. Nevertheless, it is still too early to talk about the resumption of growth on the market. too early. There is a high probability of renewal of local minimums reached earlier. However, in case of change of general situation and renewal of growth in the sector of traditional assets, it can give impetus to the market. of traditional assets, it may give an impetus to the cryptocurrency market as well.