Bitcoin (BTC) has recently shown resilience, hovering around $83,000-$84,000 as of March 17, 2025, after a volatile week. Technical analysis indicates a tight trading range between $76,000 and $84,472, with the 50-day moving average trending upward, suggesting bullish momentum. However, the RSI at 44.05 reflects a neutral stance, hinting at potential consolidation. Key factors driving prices include institutional adoption, ETF inflows, and macroeconomic shifts like inflationary pressures. Looking ahead, analysts predict a 2025 range of $87,000-$200,000, fueled by post-halving effects and regulatory clarity. By 2030, optimistic forecasts see BTC reaching $500,000-$1 million, contingent on global demand and adoption. Short-term risks include corrections to $80,000 if support weakens, but the long-term outlook remains bullish, supported by Bitcoin’s growing mainstream acceptance. 0 reply
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