Bitcoin - Overview as of 20.03.2025

Financial and commodity markets analytics


Despite bitcoin's recent correction to a four-month low, long-term investors continue to hold significant amounts of bitcoin, indicating their confidence in a renewed bullish trend. In addition In addition, new "whales" (addresses holding at least 1,000 bitcoins) are are actively accumulating cryptocurrency. Against the backdrop of the U.S. Federal Reserve's decision to leave rates unchanged and potential monetary policy easing during the year, the volatility of the of bitcoin quotes has increased. The market is making an attempt to consolidate above the the upper boundary of the local range: $78000-84500.