Bitcoin Price Analysis of March 3, 2025: BTC Tests $95,000 Resistance Level Amid Market Volatility

 Let’s Dive into the Bitcoin Price Analysis of March 3 to understand BTC’s market trends and investment potential in 2025.The crypto market is still feeling the impact of last week’s sharp decline, where BTC plunged over 20% from its peak. While BTC has managed to recover some losses, the market remains uncertain. BTC price today is fluctuating as investors react to macroeconomic factors and regulatory concerns. Trump’s recent pro-crypto stance has added some optimism, but fears of another downturn linger. With volatility at play, traders are closely watching key levels to determine their next move. Let’s break down the latest price action and see if it can regain bullish momentum.

Bitcoin Shattered $86,500 Resistance Level

The trading day began on a positive note with an upward trend. But soon after, at 2:20 UTC, a death cross appeared, signaling a potential price decline. The price briefly dropped but remained within the trading range. At 4:40 UTC, a golden cross on the MACD line indicated an upward movement. By 6:45 UTC, an overbought situation caused resistance to form at $86,594.12. Shortly after, at 7:05 UTC, a death cross triggered a price decline, leading to a downward trend. The price continued fluctuating within the range. Later, at 13:30 UTC and 14:15 UTC, oversold conditions on the RSI indicator pushed the price to find support at $85,051.64.

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 3, 2025

At 15:20 UTC, a golden cross suggested a bullish move, leading the price to break over resistance. By 15:35 UTC, an overbought RSI confirmed the breakout, starting an upward trend. This trend strengthened as overbought conditions on RSI appeared at 16:35 UTC and 17:40 UTC. Eventually, it reached a new resistance level at $95,002.97, marking the highest price of the day. Shortly after, at 18:00 UTC, a death cross on the MACD line suggested a potential reversal, leading the price to find support at $92,377.65. The price attempted to regain momentum by moving upwards and retesting resistance. However, at 23:25 UTC, another death cross appeared, suggesting the start of a downward trend.

Bitcoin Price Analysis of March 3: BTC Finds Support at $92,000

Trading on March 3rd began in a downward trend, with prices moving within a trading range. At 3:50 UTC, a golden cross appeared, suggesting a potential reversal. However, price movement remained cautious, with no strong breakout. BTC price today reflected this uncertainty, as buyers attempted to regain control. Despite the bullish signal, resistance levels remained untested. 

Bitcoin Price Prediction: What Will Happen Next?

BTC entered a trading range between key levels following a breakout and subsequent market decline. From this point, the price could either break above the resistance of $95,002.97 or fall below the support of $92,377.65. The next move will depend on overall market sentiment and traders’ activity. If bullish momentum strengthens, the price may break from the resistance and lead to further gains. However, if selling pressure increases, the price might drop, testing lower support levels. Bitcoin price prediction remains uncertain as traders await confirmation of the next move. Market indicators such as RSI and MACD will play a crucial role in determining short-term price action. BTC price today remains volatile, requiring close monitoring for potential trend shifts.