NewsBTC
12 March 2025
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Bitcoin Price Declines Below $85,000, Faces Resistance at $84,000

Bitcoin Price Update

  • Bitcoin declined below $85,000 and is currently trading under $84,000.
  • Price tested a low at $76,818 before beginning a recovery wave.
  • Resistance levels are at $84,000 and $85,000, with immediate resistance near $83,200.
  • If Bitcoin fails to break above $84,000, it may decline further.
  • Support levels include $81,200, $80,000, and $78,000, with major support at $75,000.
  • Technical indicators show the MACD losing momentum and RSI above 50.

A close above $85,000 could lead to a rise toward $86,500 or higher levels.

Bitcoin Price