Bitcoin Price Analysis of March 14, 2025: BTC Eyes to Break $82,440 Resistance – Can Bulls Make It Happen Today?
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Are you watching the BTC price today and wondering about its next move? Bitcoin price analysis shows the market volatility, with BTC fluctuating between key levels. In the past 24 hours, Bitcoin has navigated an upward channel, faced breakdown risks, and tested resistance levels. While bulls attempt to push the price higher, bearish pressure remains a concern. With traders eyeing crucial price zones, the Bitcoin price prediction focuses on whether BTC will break resistance or retest support. Will momentum favor buyers, or will selling pressure take over? Let’s analyze the market trends shaping Bitcoin’s next move.
Bitcoin Faces Volatility as Bears Break Key Support, Bulls Attempt Recovery
The trading day of March 13th started with a stable momentum, as no death cross was present initially to trigger selling pressure. However, a golden cross at 1:35 UTC on the MACD line signaled bullish momentum, driving Bitcoin’s price upward. The price surged to its resistance level of $84,336.71, marking the day’s high. A shift in momentum occurred at 3:25 UTC with a death cross, triggering increased selling pressure and leading to a downward channel. As the price declined, oversold conditions on the RSI at 8:20 UTC and 8:35 UTC provided support at $82,440.53. A golden cross at 9:00 UTC attempted a price bounce, but bearish dominance returned with another death cross at 10:15 UTC, reinforcing the downward movement.
Chart 1, Analyzed by ShwetaCW, published on TradingView, March 14, 2025
Based on Bitcoin price analysis, the breakdown occurred at 13:55 UTC, as selling pressure intensified, pushing Bitcoin below support. With RSI oversold signals at 15:35 UTC and 17:45 UTC, the price bottomed out at $79,939.23, confirming a new support. The previous $82,440.53 support flipped into resistance. A golden cross at 17:55 UTC initiated a recovery, leading to an upward channel, further strengthened by another golden cross at 21:00 UTC. By 22:55 and 23:05 UTC, overbought RSI conditions indicated that buying pressure was cooling off.
Bitcoin Consolidates Within Key Trading Range as Bulls and Bears Struggle for Control
The trading day of March 14th began with an upward channel, continuing the previous day’s momentum. A golden cross on the MACD at 00:35 UTC boosted buying pressure, driving prices higher. By 2:55 UTC, RSI overbought conditions signaled strong bullish activity. However, at 3:55 UTC, a death cross emerged, shifting momentum downward and increasing selling pressure. The price then entered a trading range between resistance and support, with bulls and bears battling for control. While bullish attempts pushed the price upward, bearish pressure kept it contained within this range, awaiting a decisive breakout.
Bitcoin Price Prediction
Based on the latest Bitcoin price analysis, the market remains volatile, with both bullish and bearish forces in play. Over the past 24 hours, BTC price today experienced a downward channel, a breakdown, and an upward channel. If bearish momentum continues, Bitcoin could break the support level of $79,939.23, leading to further downside. However, if buying pressure increases, Bitcoin price prediction suggests a potential breakout above the $82,440.53 resistance level. Traders should watch key indicators like RSI and MACD to gauge momentum shifts. A decisive move beyond these levels will determine Bitcoin’s next direction in the short term.
The post Bitcoin Price Analysis of March 14, 2025: BTC Eyes to Break $82,440 Resistance – Can Bulls Make It Happen Today? appeared first on Coinfomania.
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