📈 Technical analysis BTC/USDT
After the correction in the cryptocurrency market, a rebound occurred following Donald Trump's post about including not only Bitcoin but also altcoins in the U.S. national reserve. During this rebound, Bitcoin's price retested the key $95,000 level from below—a level that previously served as strong support but has now turned into resistance. However, buyers have not yet gained enough strength to break through it. The main reason for the current decline is the final approval of tariffs on goods from Canada, Mexico, and China.
If the correction continues and sellers manage to push through the $78,000 support level, we expect a further decline toward the 0.78 Fibonacci level and a retest of the support trendline in the $70,000–$75,000 range. Within the Imbalance 1W zone at $70,000–$73,000, there are significant gaps in horizontal trading volumes that need to be filled through consolidations.
For BTC to resume its upward trend, the price needs to reclaim the 200 EMA and consolidate above the $95,000 resistance level. In this case, we expect further growth, with a retest of the psychological $100,000 level, a major resistance block at $105,000–$110,000, and a potential new all-time high.
📉 Bitcoin market global analysis.
On the daily logarithmic chart, Bitcoin’s price has fallen back below the 200-day moving average. As a result, a candlestick pattern of bearish engulfing of the last upward move has formed. If the daily candle closes below the 200 EMA, this would indicate a continuation of the correction and a potential retest of the global support trendline.
During Bitcoin’s rapid rally in November 2024, an Imbalance 1W zone formed in the $70,000–$75,000 range, featuring significant gaps in horizontal trading volumes that need to be filled through consolidations. This zone aligns with the 0.61–0.78 Fibonacci retracement levels.
Once the correction is complete, Bitcoin’s next growth target could be the global trendline, drawn based on the two peaks of the previous growth cycle. A test of this trendline may occur around $120,000, as confirmed by the analysis of large order blocks in exchange order books.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index is in the extreme fear zone - 15.
The total cryptocurrency market capitalization has dropped to $2.71 billion, and the Bitcoin Dominance Index has risen to 61.39.
According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels:
🟢 Demand zone: 70,000 - 80,000
🔴 Supply zone: 100,000 - 120,000
Levels for long positions:
78,000 - large support block
72,000 - downward trend line of support
70,000 - large support block
Levels for short positions:
100,000 - psychological resistance level
105,000 - large resistance block
110,000 - largest resistance block
120,000 - upward trend line of resistance
📊 Fundamental analysis
The stock and crypto markets experienced a sharp decline after U.S. President Donald Trump threatened to impose a 25% tariff on all Canadian and Mexican goods. Yesterday, Trump officially approved new trade tariffs for Canada, Mexico, and China, causing another wave of sell-offs in the U.S. stock market. The Dow Jones Industrial Average and S&P 500 both fell by approximately 2% during the day.
However, on March 2, 2025, a post appeared on TruthSocial, where Trump revealed details about the formation of a U.S. Bitcoin reserve. According to him, the initiative will not be limited to BTC but will also include several altcoins: ETH, XRP, SOL, and ADA. Experts anticipate that additional assets, such as LINK, ONDO, and Litecoin (LTC), may be added in the future. The administration plans to freeze the acquired cryptocurrencies for 20 years. Supporters of this initiative argue that over this period, Bitcoin’s price appreciation could help the U.S. pay off its national debt.
Additionally, the White House is preparing to host its first major cryptocurrency summit on March 7, bringing together industry giants and political figures from Trump’s administration. However, critics argue that including altcoins in the crypto reserve raises concerns about potential insider trading by U.S. authorities. Moreover, there are currently not enough votes in Congress to pass these controversial laws.
Bitcoin’s further growth will also depend on Federal Reserve monetary policy and U.S. regulatory decisions. If the government adopts a crypto-friendly stance, BTC’s price could rise. Otherwise, regulatory resistance may lead to a correction.
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 7.03, 16:30 - US Cryptocurrency Summit at the White House.
➤ 07.03, 16:30 - U.S. Unemployment Rate (Jan).
➤ 10.03-14.03 - Senate Banking Committee to Vote on Stablecoin Bill.
➤ 12.03, 16:30 - U.S. Core Consumer Price Index (CPI).
➤ 19.03, 22:00 - New Fed Interest Rate Decision.
➤ 21.03 - SEC to hold first of five roundtables on cryptocurrency issues.
🚀 Statistics of signals from our AI trading indicator:
📈 In February 2025, the price of Bitcoin was in a sideways movement for a long time, then a sharp correction began. Our trading indicator gave 5 signals with the most profitable entry points and minimal risk. Thanks to the latest updates, all signals became profitable, and the built-in anti-flat protection prevented losses from manipulative market movements.
- Total price movement for all signals for the month: + 35.92%
- Maximum price movement for one signal: + 17.89%
- Average price movement for signals: + 7.18%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
After the correction in the cryptocurrency market, a rebound occurred following Donald Trump's post about including not only Bitcoin but also altcoins in the U.S. national reserve. During this rebound, Bitcoin's price retested the key $95,000 level from below—a level that previously served as strong support but has now turned into resistance. However, buyers have not yet gained enough strength to break through it. The main reason for the current decline is the final approval of tariffs on goods from Canada, Mexico, and China.
If the correction continues and sellers manage to push through the $78,000 support level, we expect a further decline toward the 0.78 Fibonacci level and a retest of the support trendline in the $70,000–$75,000 range. Within the Imbalance 1W zone at $70,000–$73,000, there are significant gaps in horizontal trading volumes that need to be filled through consolidations.
For BTC to resume its upward trend, the price needs to reclaim the 200 EMA and consolidate above the $95,000 resistance level. In this case, we expect further growth, with a retest of the psychological $100,000 level, a major resistance block at $105,000–$110,000, and a potential new all-time high.
📉 Bitcoin market global analysis.
On the daily logarithmic chart, Bitcoin’s price has fallen back below the 200-day moving average. As a result, a candlestick pattern of bearish engulfing of the last upward move has formed. If the daily candle closes below the 200 EMA, this would indicate a continuation of the correction and a potential retest of the global support trendline.
During Bitcoin’s rapid rally in November 2024, an Imbalance 1W zone formed in the $70,000–$75,000 range, featuring significant gaps in horizontal trading volumes that need to be filled through consolidations. This zone aligns with the 0.61–0.78 Fibonacci retracement levels.
Once the correction is complete, Bitcoin’s next growth target could be the global trendline, drawn based on the two peaks of the previous growth cycle. A test of this trendline may occur around $120,000, as confirmed by the analysis of large order blocks in exchange order books.
💠 Analysis of liquidity zones and levels
The Fear and Greed Index is in the extreme fear zone - 15.
The total cryptocurrency market capitalization has dropped to $2.71 billion, and the Bitcoin Dominance Index has risen to 61.39.
According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels:
🟢 Demand zone: 70,000 - 80,000
🔴 Supply zone: 100,000 - 120,000
Levels for long positions:
78,000 - large support block
72,000 - downward trend line of support
70,000 - large support block
Levels for short positions:
100,000 - psychological resistance level
105,000 - large resistance block
110,000 - largest resistance block
120,000 - upward trend line of resistance
📊 Fundamental analysis
The stock and crypto markets experienced a sharp decline after U.S. President Donald Trump threatened to impose a 25% tariff on all Canadian and Mexican goods. Yesterday, Trump officially approved new trade tariffs for Canada, Mexico, and China, causing another wave of sell-offs in the U.S. stock market. The Dow Jones Industrial Average and S&P 500 both fell by approximately 2% during the day.
However, on March 2, 2025, a post appeared on TruthSocial, where Trump revealed details about the formation of a U.S. Bitcoin reserve. According to him, the initiative will not be limited to BTC but will also include several altcoins: ETH, XRP, SOL, and ADA. Experts anticipate that additional assets, such as LINK, ONDO, and Litecoin (LTC), may be added in the future. The administration plans to freeze the acquired cryptocurrencies for 20 years. Supporters of this initiative argue that over this period, Bitcoin’s price appreciation could help the U.S. pay off its national debt.
Additionally, the White House is preparing to host its first major cryptocurrency summit on March 7, bringing together industry giants and political figures from Trump’s administration. However, critics argue that including altcoins in the crypto reserve raises concerns about potential insider trading by U.S. authorities. Moreover, there are currently not enough votes in Congress to pass these controversial laws.
Bitcoin’s further growth will also depend on Federal Reserve monetary policy and U.S. regulatory decisions. If the government adopts a crypto-friendly stance, BTC’s price could rise. Otherwise, regulatory resistance may lead to a correction.
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 7.03, 16:30 - US Cryptocurrency Summit at the White House.
➤ 07.03, 16:30 - U.S. Unemployment Rate (Jan).
➤ 10.03-14.03 - Senate Banking Committee to Vote on Stablecoin Bill.
➤ 12.03, 16:30 - U.S. Core Consumer Price Index (CPI).
➤ 19.03, 22:00 - New Fed Interest Rate Decision.
➤ 21.03 - SEC to hold first of five roundtables on cryptocurrency issues.
🚀 Statistics of signals from our AI trading indicator:
📈 In February 2025, the price of Bitcoin was in a sideways movement for a long time, then a sharp correction began. Our trading indicator gave 5 signals with the most profitable entry points and minimal risk. Thanks to the latest updates, all signals became profitable, and the built-in anti-flat protection prevented losses from manipulative market movements.
- Total price movement for all signals for the month: + 35.92%
- Maximum price movement for one signal: + 17.89%
- Average price movement for signals: + 7.18%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
📈 AI BuySell Indicator: tradeinex.net/indicator
💎 Telegram channel: t.me/tradeinexen
_____________
📈 Наш Торговый Индикатор: tradeinex.com/index/indikatory_tradeinex/0-20
💎 Телеграм канал: t.me/tradeinex
💎 Telegram channel: t.me/tradeinexen
_____________
📈 Наш Торговый Индикатор: tradeinex.com/index/indikatory_tradeinex/0-20
💎 Телеграм канал: t.me/tradeinex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 AI BuySell Indicator: tradeinex.net/indicator
💎 Telegram channel: t.me/tradeinexen
_____________
📈 Наш Торговый Индикатор: tradeinex.com/index/indikatory_tradeinex/0-20
💎 Телеграм канал: t.me/tradeinex
💎 Telegram channel: t.me/tradeinexen
_____________
📈 Наш Торговый Индикатор: tradeinex.com/index/indikatory_tradeinex/0-20
💎 Телеграм канал: t.me/tradeinex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.