Bitcoin Price Prediction Today March 3

Bittime - Bitcoin continues to be a digital asset that attracts attention with its dynamic price movements every day. Today's Bitcoin price analysis and predictions provide important insights for investors to understand the latest market trends. 

Influenced by market sentiment, global news, and technical indicators, Bitcoin offers both great opportunities and challenges for those immersed in the world of crypto. 

In this article, we will review the latest predictions, technical analysis, and factors that influence Bitcoin prices, so you can always be ready to face market changes.

Bitcoin Price Performance Today 

Bitcoin price is currently (2/03/2025) trading in a range $85,780,30 take notes 0.65% increase in Last 24 hours. The market is showing volatility with daily lows at $84,365,30 and highest in $86,528,31. Bitcoin's total market capitalization stands at approx $1,700,006,014,089.56 up 0.67% Last 24 Hours.

Price BTC to USDT via Market Endtime

Historical Bitcoin Price Movements

Bitcoin has experienced significant growth over the past year, with a notable increase of approx 141,83% since January 2024, when the price is approx $42.461. This cryptocurrency hit an all-time high in $109.588 before Donald Trump's inauguration on January 20, 2025. This surge reflects bullish market sentiment, driven by expectations of pro-crypto policies from the new administration.

Bitcoin Price Analysis Today March 2 2025

This decline came amid macroeconomic uncertainty and the announcement of new tariffs by US President Donald Trump, which triggered a massive sell-off in the crypto market. Bitcoin's market capitalization was also affected, dropping to around $1.58 trillion. Investors are now concerned about the potential for a further correction, with some analysts predicting that Bitcoin could test nearby support levels $75,000 If selling pressure continues, prices could fall further. Conversely, if demand strengthens again, Bitcoin has the potential to retest the level $90,000 soon.

Read too Bitcoin (BTC) Price Prediction: Comprehensive Analysis

The following is an updated analysis of factors influencing Bitcoin prices based on the latest data as of March 2, 2025:

Factors Affecting Bitcoin Prices

Federal Reserve Policy and New Tariffs

Macroeconomic uncertainty continues to haunt the crypto market, especially after US President Donald Trump's statement regarding new tariff policies against the European Union, Canada and Mexico. This policy has sparked concern in global markets, including crypto assets such as Bitcoin, which have experienced significant selling pressure in recent days. Additionally, speculation of additional interest rate hikes by the Federal Reserve further added pressure on risk assets.

Decrease in Market Sentiment

Bitcoin has lost almost all of the gains made since the initial optimism over Trump's pro-crypto policies following his election victory. Market sentiment is currently in a bearish phase, with many investors starting to anticipate the potential for further correction to nearby support levels $70.000.

Price Fluctuations and Trading Volumes

Bitcoin price is currently in a range $79.752 until $84.634, recorded a sharp decline of up to 25% from its highest level in $110.000 in January 2025. Trading volume in the last 24 hours also experienced a decrease of 22%, indicates a massive selling action triggered by market uncertainty. However, some whales appear to be taking advantage of this volatility to accumulate assets at low price levels.

Pressure from the Global Market

The decline in Bitcoin prices occurred at the same time as other assets such as stocks and gold were weakening, which was influenced by fears of stagflation and lower-than-expected US Consumer Confidence Index data. This highlights the far-reaching impact of global macroeconomic conditions on the crypto market.

Indeks Fear & Greed

The Fear & Greed Index for Bitcoin shows “extreme fear,” reflecting high uncertainty among investors. However, this condition is also considered an accumulation opportunity for long-term investors who are optimistic about future price recovery.

Conclusion

Bitcoin prices are currently under heavy pressure due to a combination of global macroeconomic factors and bearish sentiment in the crypto market. With prices ranging between $79.752 until $84.634, investors are advised to monitor key support levels at $70.000, which can be a critical point for the next price movement. US tariff policy developments and Federal Reserve decisions will be the main drivers of Bitcoin price movements in the near future.

Read too Everything Happening to Bitcoin Through 2024: BTC ETFs, Trump, and the All-Time High

Here is an update regarding Bitcoin (BTC) support and resistance levels and price scenarios based on the latest information published on February 28, 2025:

Bitcoin Support and Resistance Levels

Main Support

$79,000 - $80,000: Currently, this zone is the closest support that needs to be defended to avoid further decline. A drop below this level could trigger additional selling.

$75,000: If selling pressure continues, this area will become the next major support. A drop to this level could take the price towards the critical zone around $70,000.

Main Resistance

$84,000 - $85,000: This level now serves as the first resistance that must be broken to restore short-term bullish momentum.

$90,000: After breaking $85,000, Bitcoin needs to clear this area to show recovery potential.

$94,381: Previously critical support, this level has now become strong resistance that needs to be overcome to indicate signs of further recovery.

Bitcoin Price Movement Scenarios

Bullish Scenario

Bitcoin needs to break the resistance level at $84,000 And $90,000 to return to the bullish path. If the positive momentum continues and is supported by improving global market sentiment, the price could return to approaching the psychological target nearby $100,000.

Consolidation Scenario

If market uncertainty remains high due to global factors such as uncertain US economic policies and hacks of other crypto platforms, Bitcoin will likely move sideways in the range between $79,000 until $84,000 over the next few days.

Bearish Scenario

If selling pressure continues to increase and the price falls below key support in the range $79,000, will most likely take the price towards the critical zone nearby $75,000. Further downside below $70,000 can trigger greater panic selling.

With the current volatile market conditions and Bitcoin price recorded at approx $79,600 until $80,272 Today, it is important for investors to monitor the latest developments and key levels that can determine the direction of Bitcoin price movements in the future.

Read too How to Buy Bitcoin (BTC)

Conclusion

On March 2, 2025, Bitcoin price was around $85,756, recording significant gains in recent days with weak trading volume. Market sentiment remains bearish, influenced by US President Donald Trump's new tariff policy and Federal Reserve interest rate hike concerns. The Fear & Greed Index shows "extreme fear," with investors anticipating a potential further decline to a critical support level at $75,000. 

For March 3, 2025, Bitcoin is expected to consolidate after the previous increase. With current prices in the range $85,780.30 (March 2, 2025), recorded a rise of 0.65% in the last 24 hours, market volatility remains high. The range of movement is expected to be between $80,500 – $87,000. If selling pressure increases, Bitcoin could potentially fall to the area $80,000 - $81,500. However, if the bullish momentum continues, the price may break $87,500 and test the psychological level of $90,000.

FAQ about Bitcoin (BTC) Price Prediction March 3, 2025

1. What caused the Bitcoin price increase on March 2, 2025?

The decline in Bitcoin prices on March 2, 2025 was caused by several factors, including the new tariff policy announced by US President Donald Trump, which created uncertainty in global markets. In addition, concerns about the Federal Reserve's interest rate hike are also putting pressure on risk assets such as Bitcoin. Bearish market sentiment and the Fear & Greed index showing "extreme fear" further exacerbated the situation.

2. What are the main support and resistance levels for Bitcoin currently?

The main support level for Bitcoin is currently around $79,000, with the next critical level around $75,000. Meanwhile, the nearest major resistance level is $84,000. A break above this resistance level is necessary to initiate a price recovery, while a drop below the support level could trigger further selling.

3. What is the Bitcoin price prediction for March 3, 2025?

For March 3, 2025, Bitcoin is expected to consolidate after the previous increase. With current prices in the range $85,780.30 (March 2, 2025), recorded a 0.65% gain in the last 24 hours, market volatility remains high. The range of movement is expected to be between $80,500 – $87,000. If selling pressure increases, Bitcoin could potentially fall to the area $80,000 - $81,500. However, if the bullish momentum continues, the price may break $87,500 and test the psychological level of $90,000

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