empty
25.03.2025 11:00 AM
Why Bitcoin's fall not over yet

Despite the recent growth of the cryptocurrency market, larger upward prospects and a return of Bitcoin to the $100,000 mark remain unrealistic for now. This is evidenced by data from Glassnode, which shows that the unrealized losses of short-term BTC holders are not yet significant enough to lead to mass capitulation and a market reversal. For a full market cleansing, the market would ideally need to go lower first, and only then can we seriously talk about the continuation of a medium-term bullish trend.

This image is no longer relevant

On the other hand, the lack of significant panic among short-term investors indicates that most of them are willing to hold their positions, awaiting further growth. This creates a certain level of market resilience to sudden shocks. However, macroeconomic factors that significantly impact the cryptocurrency market should also be taken into account. The expected continuation of high interest rates by central banks may limit the inflow of new investments into risky assets, including cryptocurrencies. Furthermore, regulatory risks remain a concern. Stricter controls by governments and financial regulators could negatively affect the prospects of further growth in the crypto market.

Overall, the current situation in the cryptocurrency market is characterized by moderate optimism, supported by the resilience of short-term holders. However, achieving higher price levels requires a combination of favorable macroeconomic conditions and a reduction in regulatory risks.

Crypto enthusiast Arthur Hayes stated in his recent essay that Bitcoin could rise to $110,000 before testing the $76,500 level again. The growth driver will be the fact that the Federal Reserve is nearly completing its QT (quantitative tightening) by April 1, with a potential shift to QE (quantitative easing) to stimulate the economy. The Fed's balance sheet tapering takes liquidity out of the market, putting pressure on asset prices. Halting this process and potentially transitioning to QE will serve as a catalyst for Bitcoin's upward movement and the broader cryptocurrency market.

Hayes' opinion certainly sparks interest in the crypto community, but it's important to remember that this is just one possible scenario. The cryptocurrency market is unpredictable, and it is influenced by many factors beyond the Fed's monetary policy.

This image is no longer relevant

As for the technical picture of Bitcoin, buyers are currently targeting a return to the $87,500 level, which would open the direct path to $89,500, and from there, the $91,600 level is within reach. The farthest target would be the peak around $92,900, and overcoming this level would signal a return to a medium-term bull market. In the event of a Bitcoin drop, buyers are expected at about $85,000. A return of the instrument below this area could quickly push BTC down to around $83,200, with the farthest target at $81,500.

This image is no longer relevant

Regarding Ethereum's technical picture, a clear consolidation above the $2,067 level opens the direct path to $2,100. The farthest target would be the one-year high around $2,143. Once this level is surpassed, this would signal a return to a medium-term bull market. If Ethereum falls, buyers are likely to enter at $2,032. A return of the instrument below this area could quickly push ETH down to around $2,000, with the farthest target at $1,974.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Pavel Vlasov
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on July 18

Bitcoin returned to the $121,000 mark today, but failed to hold above it. Ethereum broke through the $3,600 level. In addition to the fact that all necessary cryptocurrency-related bills passed

Miroslaw Bawulski 08:42 2025-07-18 UTC+2

Solana has the potential to continue its rally to the next resistance level on Friday, July 18, 2025.

Solana – Friday, July 18, 2025. With a Golden Cross condition between the EMA (50) and the EMA (200) as well as the RSI (14) in the neutral-bullish area, there

Arief Makmur 07:02 2025-07-18 UTC+2

Bitcoin Forecast for July 18, 2025

Yesterday, Bitcoin tested the support level of 117,730 with a long lower shadow on the daily candle and closed the day above the inner line of the green price channel

Laurie Bailey 04:46 2025-07-18 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 17

Bitcoin attempted several times yesterday to break above the 120,000 level but failed to succeed. Ethereum, on the other hand, completed its task and easily jumped from 3,100 to 3,300

Miroslaw Bawulski 09:05 2025-07-17 UTC+2

Some market makers fix profits

Meanwhile, as Bitcoin rebounded to the $119,000 level, some major players in the cryptocurrency market were quick to take profits after recent large price movements. Investment firm Ark Invest

Jakub Novak 13:22 2025-07-16 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 16

Yesterday, Bitcoin experienced a modest correction but overall remained above the $117,000 mark, clearly indicating that its bullish prospects remain intact — it just needs a catalyst. Ethereum climbed back

Miroslaw Bawulski 09:51 2025-07-16 UTC+2

Bitcoin in limbo

Bitcoin buyers appear to be somewhat confused, as the FOMO currently dominating the market could backfire on those trying to jump on the "last train", — which, in reality

Jakub Novak 15:34 2025-07-15 UTC+2

Crypto week

While Bitcoin and Ethereum are undergoing a correction and doing so rather effectively, lawmakers and cryptocurrency advocates in the United States are preparing for one of the most important weeks

Jakub Novak 11:19 2025-07-15 UTC+2

Trading Recommendations for the Cryptocurrency Market on July 15

Bitcoin has dropped from its all-time high of $123,000 and is currently trading at $117,000, which only increases its appeal. Ethereum has also fallen back below the 3,000-dollar level, after

Miroslaw Bawulski 09:31 2025-07-15 UTC+2

Bitcoin outpaces Amazon in terms of market cap

Bitcoin has reached a new all-time high near $122,000, surpassing Amazon in market capitalization. This event is undoubtedly a landmark moment in the history of cryptocurrencies and traditional finance

Jakub Novak 10:52 2025-07-14 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.