Key Takeaways
- Bitcoin’s (BTC) price prediction for March 2025 could favor the price to the upside as past historical BTC price actions could play out.
- BTC’s price flips $85,000 resistance following Trump’s announcement of US crypto reserve.
- Bitcoin’s (BTC) price prediction above $100,000 could spark renewed optimism ahead of a possible all-time high of $120,000.
The price of Bitcoin (BTC) saw a price jump of over 10% as US President Donald Trump announced to the public, using his X account, his plans to make Bitcoin (BTC), Ripple (XRP), Solana (SOL), Cardano (ADA), and Ethereum (ETH) part of US strategic crypto reserve, fueling a much positive price bounce across the crypto space.
The price of Bitcoin (BTC) has, however, retraced towards $88,000 for a retest of its minor support. The price aims for a potential rally toward a high of $99,000, but it could face much price rejection as this region continues to act as major price resistance for BTC.
With Trump’s administration favoring crypto with much regulatory ease, we could see the price of Bitcoin and the crypto market perform much better in the coming weeks or months as institutions and whales look for more buying opportunities for these crypto assets.
Market Reaction To Trump’s Announcement
Source – Trump US Crypto Reserve Announcement On X
Following Trump’s announcement, the crypto market continues to experience price bounces across the market, with the likes of XRP, BTC, and SOL all looking promising, and the crypto market is gearing up for a price rally.
The price of Bitcoin (BTC) continues to show promising signs ahead of Bitcoin (BTC) price prediction for March 2025 as the price of BTC in previous years has shown some great price action in March, as crypto experts expect BTC to perform better than February of 2025.
Bitcoin (BTC) Price Prediction For March 2025 – Will Price Hit $100,000?
Source – Bitcoin (BTC) Price Prediction For March 2025
Bitcoin’s (BTC) price faced rejection after rallying towards a high of $95,000, as the price attempted to retest its key support area before continuing. The price of BTC broke above its resistance of $85,000, with the price expected to retest its support around $87,500 to $88,500 before a further price rally to the upside, as $85,000 resistance has held the price from a rally to the upside in previous weeks.
If the price of Bitcoin holds above its daily support of $87,500, we could see the price attempt its price recovery towards $99,500 in the coming days as the price of Bitcoin (BTC) could face strong resistance around this price zone.
With a break and close of Bitcoin’s (BTC) price above $100,000, we could see the Bitcoin (BTC) price prediction for March 2025 come true. The price could rally to a high of $109,000 with much volume and altcoins rallying behind it.
A major price resistance for Bitcoin (BTC) is its $109,000 resistance and previous all-time highs. A break above this zone could see the price create new highs, possibly towards $120,000. The March calendar has always favored BTC based on historical price action, with expectations for Bitcoin (BTC) price prediction for March 2025 mounting.
