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Bitcoin (BTC/USD) 20/03/25

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Bitcoin (BTC/USD) 20/03/25

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Bitcoin (BTC/USD) is trading at 86,159 levels and is in a short-term correction process after a strong rise. The highest resistance level has been determined as 87,470, and whether the price can test this level will be a critical threshold. The support level at 85,443 stands out as an important area that must be protected in order for the price to continue its uptrend. If the price loses this support, a pullback towards the levels of 83,596 and 82,567 can be seen.

Technical indicators are giving mixed signals. While the upward trend continues in short-term time frames, bearish pressure is noticeable in longer-term periods. While the increase in volume indicates that the transaction intensity continues, volatility points to a consolidation process. If the price manages to stay above 85,443, a new upward wave towards the level of 87,470 can be seen. However, if this support is lost, the price is likely to gain downward momentum.