![💥With a net worth of tens of billions, he was sent back to the senior year of high school by the entrepreneurial system. If he failed in the mission, he would die! The teacher laughed at him that he had no future, but he relied on ten years of memory to open a store and sell it! With the help of his confidants, all the plans of his peers were seen through. He grabbed the limelight, expanded his industry, broke the prophecy, and counterattacked the tens of billions of rich people! [The system said I would go bankrupt, but I became the richest man]](/uploads/2026/10/31/cryptocurrencies-news/videos/origin_6ae57adee412c_image_500_375.webp "💥With a net worth of tens of billions, he was sent back to the senior year of high school by the entrepreneurial system. If he failed in the mission, he would die! The teacher laughed at him that he had no future, but he relied on ten years of memory to open a store and sell it! With the help of his confidants, all the plans of his peers were seen through. He grabbed the limelight, expanded his industry, broke the prophecy, and counterattacked the tens of billions of rich people! [The system said I would go bankrupt, but I became the richest man]")
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Cryptocurrency News Articles
Bitcoin (BTC) price recently started a significant decline below the $85,00 level
Mar 12, 2025 at 02:42 pm
Bitcoin (BTC) price recently started a significant decline below the $80,00 level, breaking the supports at $83,000 and $80,00.
Bitcoin price is still holding gains despite a slight decline on Friday morning. The cryptocurrency had recovered somewhat from recent lows, but it faced strong resistance at the $80,000 level.
Bitcoin price technical analysis: still in recovery
Bitcoin (BTC) price recently started a significant decline below the $85,000 level, breaking the supports at $83,000 and $80,000. Eventually, the price reached the $76,500 support zone. The lowest point was recorded at $76,818 before the price started consolidating.
Bitcoin (BTC) briefly rose past the $78,000 and $78,500 resistances, pushing the price close to the 23.6% Fib retracement level of the decline from $91,060 to $76,818. A further rise might push the price towards the $80,000 resistance or the 100-hour simple moving average.
On the other hand, the immediate support is at the $77,200 level, which might hold the price in the short term. The next major support is at the $76,500 zone, which could be tested if there are more losses.
Where is Bitcoin going next?
If Bitcoin can break above the $80,000 level, it could continue towards the key resistance at $82,000. There is also a key bearish trend line formed with resistance at $82,200 on the hourly chart of the BTC/USD pair. The next key resistance might be $84,000, which is near the 50% Fib retracement level of the decline.
A successful break above $84,000 could open the door for a move towards $85,500. This level is the 38.2% Fib retracement level and might act as a strong barrier. A further rise might push the price towards $88,000 or even $96,200.
However, if Bitcoin fails to break the $82,000 resistance zone, there is a possibility that the price will drop again. The immediate support is near the $77,200 level, with the first major support at $76,500.
The next support is now at the $75,000 zone. Further declines could push the price towards the $72,000 support in the short term, with key support at $70,000.
Technical indicators such as hourly MACD and RSI (Relative Strength Index) are showing a decline in momentum within the bearish zone.
The post Bitcoin Price Technical Analysis: Is A Recovery On The Cards? appeared first on Pintu News.
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