Bitcoin is an innovative payment network and a new kind of money based on peer-to-peer and cryptographic technologies.

1. BTC Basic Info

SymbolBTC
NameBitcoin
Web Sitehttp://bitcoin.org
Wallet--
Source--
Explorerhttps://mempool.space/
Forum--
Mining
Supply21000000
Available Supply19839692
Market Cap1671091305252.4
White Paper--
Is ICONone
Raised Funds-
Distribution-
Algorithm--
Proof--
Total21000000
Release Date2008-10-31

2. BTC Technical Info

2.1 BTC Kline Chart Price

2.2 BTC Technical Analysis

The market is expected to experience a period of consolidation.

A slight downward trend is anticipated in the short term.

Following this, a moderate upward movement is likely.

Volatility is expected to remain relatively high.

Potential support levels are identified around 82000 and 80000.

Resistance levels are observed near 87000 and 90000.

A breakout above 90000 could signal a sustained bullish trend.

Conversely, a break below 80000 might indicate a bearish continuation.

Investors should exercise caution and monitor volume closely.

The overall sentiment appears to be cautiously optimistic.

3. BTC News Info

3.1 BTC News List

  • 20250322
    BlackRock’s IBIT address holds $145 million worth of Bitcoin 📈
  • 20250321
    Bitcoin ETF had a net inflow of 1,498 BTC, while Ethereum ETF had a net outflow of 5,908 ETH 📈
    The Executive Director of the U.S. Digital Asset Task Force said that it would implement the "best solution" to buy Bitcoin 📈
    Data: Grayscale addresses transferred more than 664 BTC, equivalent to approximately US$55.536 million 📈
    Analysis: Weak inflows into US Bitcoin ETFs are mainly affected by reduced arbitrage opportunities 📉
    Matrixport: $90,000 is the key price to determine the trend of Bitcoin, and the wave of fund selling is coming to an end 📈
    Ceffu deposited 734 bitcoins to Binance 5 minutes ago, about 61.54 million US dollars 📈
    OKG Research: If 33 Bitcoin reserve bills in 18 states in the United States are implemented, it may bring $53.4 billion in buying demand 📈
    Scam Sniffer: Fake "Pump BTC" ads dominate Google search results 📉
    Analysis: Crypto market has yet to break above 200-day moving average, strong break above $2.9 trillion level could trigger aggressive buying 📉
    10x Research: Bitcoin is currently below the 7-day and 30-day moving averages, Trumps speech and the Feds policy boosted market sentiment 📈
    Michael Saylor predicts Bitcoin will reach $13 million in 20 years at Digital Asset Summit 📈
    Swiss National Bank: Will Not Buy Bitcoin and Other Cryptocurrencies 📉
    Bitunix analyst: Putin supports BTC, market confidence increases, BTC continues to focus on short-term support of $83,000 📈
    Rapper Eminem’s former recording engineer illegally sold 25 unreleased tracks via BTC, making around $50,000
    Bitunix analyst: Putin supports BTC, market confidence increases, BTC continues to focus on short-term support of $83,000 📈
    Data: In the past 24 hours, the entire network has liquidated $193 million, and long orders have liquidated $130 million 📉
    Eminems former recording engineer illegally sells unreleased tracks via Bitcoin 📉
    10x Research: If Bitcoin price remains below the $90,000-92,000 range, the overall market may still be in a consolidation phase 📉
    24-hour spot fund inflow/outflow list: BTC and ETH rank top 2 in net outflow list 📈
    10x Research: As long as Bitcoin remains below the $90,000-92,000 resistance zone, the broader market is likely to remain in a consolidation phase
    A users hardware wallet had not been used for a long time and the battery was swollen. After changing the battery, it was found that the wallet had been initialized.
    Deputy Director of the National Finance and Development Laboratory: Bitcoin is a peculiar financial asset 📈
    David Sacks Meets With UAE National Security Advisor to Discuss Bitcoin and Cryptocurrencies 📈
    Missouri Bitcoin Reserve Bill HB1217 Referred to the House Intergovernmental Affairs Committee 📈
    ATAI Life Sciences, a publicly traded biopharmaceutical company, plans to invest an initial $5 million in Bitcoin 📉
    Bitfinex’s Bitcoin leveraged long positions hit 6-month high 📉
  • 20250320
    In the past 24 hours, the total network contract liquidation was 312 million US dollars, mainly short orders
    Trump reiterates promise not to sell seized Bitcoin in US 📈
    Bernstein lowered the target prices of several listed Bitcoin mining companies, but maintained the target price of BTC at $200,000 by the end of the year 📈

3.2 BTC News Analysis

The market presents a mixed outlook. Positive sentiment stems from institutional accumulation, particularly by BlackRock, and potential regulatory developments, including Bitcoin reserve bills. Political endorsements, such as Trump’s stance, also contribute. However, consolidation appears likely, with the $90,000-$92,000 range acting as a key resistance level. ETF activity shows a net outflow for Ethereum, alongside decreased arbitrage opportunities impacting Bitcoin ETFs, hinting at short-term volatility. Negative factors include significant liquidations, particularly on long positions, and an increase in scam attempts. The industry also faces challenges regarding the use of Bitcoin for illegal activities. In summary, the market is in a state of flux, influenced by both bullish and bearish forces, with a potential for sustained consolidation before a definitive trend emerges.

80 comments.

  1. Cathie Wood

    Most Memecoins may return to zero, Bitcoin may reach $1 million in 2030

  2. Blockspace

    Developer consensus may be reaching agreement on Bitcoin soft fork proposal

  3. Bloomberg

    Bezos-backed bank targets Brazilian crypto businesses, betting it will drive growth

  4. Michael Saylor

    Bitcoin will become the worlds largest asset by market value within 4 years

  5. Michael Saylor

    BTC will become the worlds largest asset by market value within 4 years

  6. Michael Saylor

    Big things are coming

  7. Arthur Hayes

    Bitcoin may test $78K support, and a break below will point to $75K

  8. White House

    The United States will become the worlds Bitcoin superpower, and the golden age has begun

  9. U.S. Rep. Hill

    Trump should work with Congress on Bitcoin reserves

  10. David Sacks

    The United States should have established a Bitcoin reserve long ago and is willing to buy more Bitcoin in a budget-neutral way

  11. David Sacks

    No plans to sell gold to buy Bitcoin, the Ministry of Finance and the Ministry of Commerce will decide on a budget-neutral increase in holdings

  12. David Sacks

    Bitcoin is scarce and valuable

  13. Trump

    Treasury and Commerce Departments will explore new ways to accumulate more Bitcoin

  14. Arkham

    BlackRock buys Bitcoin again after two days

  15. Insider

    Trump considering issuing executive order tomorrow to create Bitcoin reserves

  16. Bloomberg

    Trump is expected to issue encryption-related executive orders at the White House encryption summit

  17. Insider

    Trump is considering signing an executive order tomorrow to create a Bitcoin reserve

  18. Arkham

    BlackRock stops selling Bitcoin, outflow today is zero

  19. Reuters

    US authorities released some of the seized mining machines, but industry insiders said a large number of equipment are still stranded

  20. Arkham

    Fidelity buys about $100 million worth of BTC

  21. Trump

    BTC and ETH will also become the core of reserves

  22. David Sacks

    President Trump is delivering on his promise to make the U.S. the “crypto capital of the world”

  23. David Sacks

    Trump is fulfilling his promise to make the United States the "cryptocurrency capital of the world"

  24. Fox reporter

    Cynthia Lummis says the U.S. federal strategic bitcoin reserve may be launched later than state-level strategic bitcoin reserves

  25. Michael Saylor

    Met with the U.S. House Financial Services Committee and proposed a digital asset framework

  26. Arthur Hayes

    BTC bearish to $70,000

  27. Opinion

    Declining Bitcoin volatility and open interest suggest traders are taking a wait-and-see approach

  28. Trump

    We want to be at the forefront of everything, cryptocurrency is one of them

  29. Vivek Ramaswamy

    Bitcoin could become a more common corporate treasury holding

  30. K33 Research

    Bitcoin market in "low state" since US election

  31. Fox reporter

    Most major US crypto companies won’t advertise in Super Bowl this year

  32. CryptoQuant CEO

    Currently only a few Altcoin have a high correlation with BTC

  33. Bloomberg

    Bitcoins year-to-date gains lag behind gold, as Trumps remarks trigger rising safe-haven demand

  34. PlanB

    Bitcoins gains are concentrated around the halving period and will continue until October

  35. David Sacks

    Can’t give any answer on “whether sovereign wealth funds hold crypto”

  36. CryptoQuant

    Coinbase Prime’s Bitcoin OTC Trading Increases Significantly

  37. 4E

    Trumps inauguration is imminent, US stocks fluctuate and fall, and the crypto market rebounds and boosts market sentiment

  38. Matrixport

    Bitcoin may face downward pressure, it is recommended to wait for a reverse buy signal

  39. Bloomberg

    Bitcoin has achieved its biggest increase this year, and there may be "selling news" in the short term, but it is bullish in the long term

  40. Bitwise CEO

    A country is considering shifting part of its foreign exchange and treasury bond exposure to Bitcoin ETF

  41. ARK Invest

    Bitcoin long-term holding behavior remains strong, with 62% of supply not moved for more than a year

  42. Glassnode

    Bitcoin’s recent correction is a cooling-down phase, and the bull market is far from over

  43. QCP Capital

    Cryptocurrency market volatility is expected to increase around Trumps inauguration

  44. K33

    Trump’s Inauguration May No Longer Be a “Sell the News” Event for Bitcoin

  45. ARK Invest

    Bitcoins relative volatility is low and is expected to rise further in 2025

  46. QCP Capital

    Inflation concerns rise on the eve of Trumps inauguration, Bitcoin may be supported by favorable policies in the short term

  47. US SEC Chairman

    SEC Never Declared Bitcoin and Ethereum to be Securities

  48. Kaiko

    Bitcoin attracts a large amount of safe-haven funds due to the recent political turmoil in South Korea

  49. CryptoQuant

    Trump effect is expected to push Bitcoin to $249,000 this year

  50. Matrixport

    Bitcoins 21-week moving average is currently at $85,000, and staying above the moving average will continue the bull market

  51. OSL

    Listed companies, family offices, etc. are actively exploring the allocation of Bitcoin, and institutional-level storage, custody and compliance solutions will usher in exponential growth

  52. Futu Survey

    Holding "two BTC" can bring more sense of security, and virtual currency is becoming the first choice for asset allocation of the new generation in Hong Kong

  53. Matrixport

    Bitcoins 21-week moving average shows that the market is still in a bull market

  54. US SEC Chairman

    SEC Never Said Bitcoin and Ethereum Are Securities

  55. BlackRock

    Crypto adoption outpaces growth in mobile phones and the internet

  56. Bitunix Analyst

    If BTC can break through the $97,200 pressure level, it may push the price back to above $100,000

  57. OKG Research

    The average Bitcoin holding cost of listed companies exceeded $81,000 after Trump won the election

  58. Michael Saylor

    Companies Should Buy Bitcoin Because Bonds Are ‘Toxic’

  59. Deribit

    19,000 Bitcoin options and 141,000 Ethereum options are about to expire

  60. CryptoQuant

    Institutional investors have hoarded more than 34,000 Bitcoins in the past 30 days

  61. Hut 8

    produced 89 BTC in December and currently holds 10,171 BTC

  62. Cryptoquant CEO

    This bull run may be the longest in history, and new liquidity is steadily driving the market

  63. CleanSpark

    Bitcoin mining produced 668 BTC in December, and the total holdings reached 9,952 BTC

  64. Arthur Hayes

    Crypto market may peak in mid-March, followed by a severe correction

  65. JPMorgan Chase

    Inflation and geopolitical risks may support demand for gold and Bitcoin in the long term

  66. CryptoQuant CEO

    This round of Bitcoin bull market may create the longest cycle

  67. 10x Research

    The cryptocurrency trading environment remains complex and volatile, and Bitcoin is in a consolidation phase

  68. JPMorgan Chase

    A record $78 billion is expected to enter the crypto market in 2024, 28% of which will come from MicroStrategys Bitcoin purchases

  69. JPMorgan

    Depreciation Trade Will Survive as Bitcoin and Gold Grow in Structural Importance