Bitcoin Price Prediction Today March 5

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 (4/03/2025) trading in a range $83,559,87 take notes decline -9.41% in Last 24 hours. The market is showing volatility with daily lows at $82,554,57 and highest in $93,683,14. Bitcoin's total market capitalization stands at approx $1,653,800,402,872.19 down -9.57% Last 24 Hours.

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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 4 March 2025

Data from Cryptopolitan shows that the recent selling pressure is largely due to selling from new investors or “Bitcoin tourists,” who tend to be more sensitive to price fluctuations. 

Additionally, technical indicators such as RSI (Relative Strength Index) are showing strong bearish pressure, with support levels around $82,611 and resistance in $89,164.

However, medium to long term predictions remain optimistic. Factors such as the potential approval of a spot Bitcoin ETF and the positive impact of the halving in 2024 are expected to drive Bitcoin prices to levels $160,000 by the end of 2025. 

In the short term, analysts expect prices to move within a range $72,000 until $95,000 through March 2025, depending on market sentiment and further selling pressure

Read too Bitcoin (BTC) Price Prediction: Comprehensive Analysis

Here is an update of the Bitcoin price analysis as of March 4, 2025, based on the latest data from credible sources such as CoinDesk, CryptoSlate, And Glass node:

Factors Affecting Bitcoin Prices

Federal Reserve Policy and Global Economic Impact

Bitcoin prices are currently under great pressure due to global economic policy uncertainty. The Federal Reserve recently indicated the possibility of additional interest rate increases to curb still-high inflation in the US. This step makes investors more careful about risky assets such as Bitcoin. Apart from that, the crypto market also responded negatively to the latest reports regarding slowing economic growth in China and Europe, which worsened global sentiment.

Bearish Market Sentiment

The crypto market is currently in a bearish phase, with Bitcoin losing its bullish momentum previously driven by optimism regarding spot Bitcoin ETFs. According to data from CryptoQuant, Bitcoin outflows from exchanges increased by 15% in the past week, indicating a massive sell-off by retail investors. This negative sentiment is also reflected in the Fear & Greed Index, which is now in the "Extreme Fear" zone, indicating the dominance of fear among investors.

Price Fluctuations and Whale Activity

Bitcoin is currently trading around $83,000 after recording a sharp decline from this year's high of $110,000 in January 2025. Daily trading volume has decreased by 20%, while whale activity shows accumulation at the price level of around $80,000. Data from Glass node revealed that large wallets (whales) have added more than 10,000 BTC in the past week, showing the potential for long-term confidence despite increased short-term volatility.

Regulatory Pressure

Increasingly strict crypto regulations in various countries are also one of the main factors influencing Bitcoin prices. The European Union has just announced plans to tighten rules regarding cross-border digital asset transactions, while the SEC in the US has yet to provide clarity regarding the approval of spot Bitcoin ETFs. This regulatory uncertainty makes institutional investors tend to delay entering the market.

Indeks Fear & Greed

The Fear & Greed Index for Bitcoin is currently at the “Extreme Fear” level, reflecting high uncertainty among investors. However, some analysts see this condition as an accumulation opportunity for long-term investors who believe in Bitcoin's fundamentals. According to reports from CryptoSlate, a similar pattern occurred in 2019 and 2020 before Bitcoin prices jumped significantly.

Conclusion

Bitcoin prices are currently facing heavy pressure due to a combination of global macroeconomic factors, bearish sentiment in the crypto market, and regulatory uncertainty. With prices ranging from $79,000 to $84,000, the main support level is around $70,000—which could be a tipping point for the next price move. Investors are advised to monitor Federal Reserve policy developments and news regarding crypto regulations as they will be the main drivers of price movements in the near future.

This analysis is designed with the best SEO principles in mind to ensure optimal readability and relevance to the latest trends in the crypto market.

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

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

With Bitcoin prices currently in the range of $79,600 to $80,272 (data CoinDesk), investors are advised to monitor key levels such as support at $79,000 and resistance at $84,000. Further price movements will be greatly influenced by developments in global economic policies and overall crypto market sentiment.

Conclusion

On March 4, 2025, the price of Bitcoin experienced a significant decline, trading at around $83,373 or equivalent to IDR 1,378,233,195, reflecting a correction of 10.04% in the last 24 hours. 

This decline was triggered by several factors, including market concerns about US President Donald Trump's statement about the potential for national crypto asset reserves, bearish sentiment reflected in the Crypto Fear and Greed Index, and global economic uncertainty. 

Although some analysts predict a potential rebound and price increase in the future, the market is currently showing high volatility with the main support level at $79,000-$80,000 and resistance in $84,000-$85,000.

Investors are advised to monitor developments in economic policies and crypto regulations that may influence Bitcoin price movements in the near future.

FAQ about Bitcoin (BTC) Price Prediction March 5, 2025

1. Why Is Bitcoin Price Down Today?

Answer: The decline in Bitcoin prices on March 4, 2025 was caused by a combination of several factors, including market concerns regarding the US President's statement regarding potential national crypto asset reserves, bearish sentiment reflected in the Fear & Greed index, global economic uncertainty, and the potential for an interest rate increase by the Federal Reserve. Apart from that, several whales were also seen selling, which added pressure to prices.

2. Where Are Bitcoin's Current Support and Resistance Levels?

Answer: Bitcoin's main support level is currently between $79,000 and $80,000. If the price falls below this level, the next support is around $75,000. For resistance, the first level to break is between $84,000 and $85,000, followed by $90,000 and $94,381. A break of this resistance level will indicate a potential bullish recovery.

3. What Advice for Current Bitcoin Investors?

Answer: Given the high market volatility, investors are advised to be careful and monitor developments in economic policies and regulations related to crypto, especially from the US and other large countries. It is important to pay attention to key support and resistance levels to anticipate price movements. Long-term investors may consider gradual accumulation as prices fall closer to key support levels, but with strict risk management in place.
 

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