Bitcoin Price Analysis (Weekly): BTC Faces Strong Resistance – Will $85,316 Hold?
Let’s Dive into this week’s Bitcoin price analysis (March 10-15) to explore BTC’s market trends and investment potential in 2025.
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Are you watching the Bitcoin price action and wondering what’s next? BTC price today reflects market volatility, with Bitcoin navigating both upward trends and downward corrections throughout the week. Bulls attempted to drive the price higher, but selling pressure emerged near key resistance levels. As Bitcoin price prediction suggests, traders are closely watching whether BTC can break resistance or retest support. With critical levels in play, will buyers dominate the market, or will bearish pressure push prices lower? Let’s dive into this Weekly Bitcoin Price Analysis of March 10-15 to explore the key trends and technical patterns shaping Bitcoin’s market movement.
Bitcoin Weekly Price Swings: Bulls Struggle as Bears Dominate with Multiple Death Crosses
The trading week kicked off on March 10th with a golden cross on the MACD at 1:00 UTC, signaling a surge in bullish momentum. Buyers drove the price upward until a death cross at 13:30 UTC triggered a bearish reversal, pushing the price downward into a falling channel. Selling pressure intensified, leading to an oversold condition at 18:30 UTC, where bears tested support at $76,608.39.
Chart 1, Analyzed by ShwetaCW, published on TradingView, March 15, 2025
By March 11th at 1:30 UTC, a golden cross fueled another bullish attempt, lifting prices into an upward channel. However, bearish pressure resurfaced with a death cross at 23:00 UTC, sending the price lower. The downtrend extended into March 12th, until a golden cross at 9:00 UTC prompted a slight recovery. Yet, the bears reclaimed control with another death cross at 14:00 UTC, keeping the price volatile. The market remained in a tug-of-war between bulls and bears.
Bitcoin Weekly High at $85,316.59: Bulls Lose Grip as Bears Take Over
As shown in Chart-1, A golden cross at 18:30 UTC ignited a bullish push, propelling the price upward into March 13th. However, bearish pressure returned with a death cross at 3:30 UTC, causing the price to fluctuate downward. As sellers gained control, the market reached an oversold condition on the RSI at 17:30 UTC, reinforcing bearish momentum. At 21:00 UTC, a golden cross signaled a bullish reversal, allowing buyers to regain some strength. The RSI repeatedly entered overbought territory from 11:00 UTC to 13:30 UTC, pushing the price higher.
On March 14th at 15:00 UTC, another overbought condition appeared, leading to a test of weekly resistance at $85,316.59, the highest price of the week. As bearish forces pushed back, a death cross at 19:30 UTC triggered a downtrend, and the price moderately declined. The sell-off continued into March 15th, maintaining a bearish trajectory as the price struggled under selling pressure.
Bitcoin Market Prediction of this Week
Bitcoin price analysis from this week shows sharp fluctuations, with bulls and bears influencing the market. BTC price today is trading within a defined range, facing strong resistance at $85,316.59 and solid support at $76,608.39. If bearish pressure persists, Bitcoin may test and possibly break below the support level, opening the door for further declines. However, if buying momentum strengthens, a breakout above $85,316.59 could push the price into the $86,000–$88,000 range. Traders should monitor market signals closely, as both bulls and bears remain active, and Bitcoin price prediction remains uncertain amid high volatility.
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