Bitcoin (BTC) Price Analysis 20 March 2025
Following the Federal Reserve’s decision to maintain interest rates between 4.25% and 4.50% following the FOMC meeting, the cryptocurrency market experienced a surge. Additionally, the Fed said it anticipates two rate decreases in 2025. The cryptocurrency market capitalization skyrocketed, jumping more than 3% to $2.8 trillion as the markets recovered.
After being under a lot of selling pressure on Tuesday, Bitcoin (BTC) recovered quickly, going from a low of $81,197 to $87,427 before reaching its current level of $85,720. During the current session, the leading cryptocurrency has increased by more than 3%.
Bitcoin (BTC) Price Analysis
Bitcoin (BTC) jumped to an intraday high of $87,038 on Wednesday, surpassing $86,000 and hitting a 10-day high as investors responded to the Federal Reserve’s indications of looser financial conditions and anticipations of a liquidity-driven rise. The Federal Reserve announced that it would slow down, lowering its $6.8 trillion balance sheet and limiting the monthly runoff of Treasury Securities from $25 billion to $5 billion. Amid debt ceiling pressures, the action is anticipated to avoid market disruptions. Despite worries about inflation, the bank still kept its forecast for two rate cuts in 2025 and held interest rates unchanged in the $4.25%–4.50% range.
With the US dollar posting its biggest three-day decline since 2015, Treasury yields and bond market volatility plummeting, and the People’s Bank of China injecting liquidity into its financial system in recent weeks while reinforcing a global easing trend that could help risk assets, improving financial conditions have fueled risk appetite. Jamie Coutts, Chief Crypto Analyst at Real Vision, says the changes could pave the way for a big Bitcoin rally in the coming ninety days.
“Historically, these signals have often preceded large Bitcoin moves. Now, with the PBoC ratcheting up liquidity measures, the market may be underestimating how quickly Bitcoin may surge—potentially hitting new all-time highs before Q2 is out—despite persistent fears over Trump tariffs and a probable recession.”
The markets picked up after the FOMC meeting, as Bitcoin eventually jumped above the 200-day SMA and $85,000. As selling pressure increased, the flagship cryptocurrency fell to an intraday low of $76,642 on Tuesday. It bounced back from this level, though, and registered a 5.50% increase to recover $80,000 and settle at $82,943. Despite strong selling pressure, buyers maintained control on Wednesday as the price increased by over 1%.
As Bitcoin fell more than 3% and settled at $81,136 on Thursday, buyers lost steam. As markets recovered on Friday, bullish sentiment returned. As a result, BTC surged past the 200-day SMA, rising to an intraday high of $85,363 before settling at $84,002, ultimately registering an increase of 3.53%.
On Saturday, buyers held sway as Bitcoin saw a little rise and ended the day at $84,398. Despite the optimism, Bitcoin fell down more than 2% on Sunday, closing below the 200-day SMA and closing at $82,611 to close the week on a negative note. Bitcoin had a good start to the week, climbing about 2% to $84,016. As BTC dropped to a low of $81,187 on Tuesday, bearish mood grew stronger. After recovering $82,000 from this level, the price settled at $82,725, marking a 1.54% decline. After the FOMC meeting on Wednesday, when the Fed left interest rates steady, markets rebounded. Consequently, Bitcoin rose more than 5%, surpassing the 20 and 200-day SMAs and settling above $85,000.
at $82,725, marking a 1.54% decline in total. After the FOMC meeting on Wednesday, when the Fed left interest rates steady, markets rebounded. Consequently, Bitcoin jumped more than 5%, surpassing the 20 and 200-day SMAs as well over $85,000 to end the day at $86,875. Bitcoin is currently trading at $85,812 after declining more than 1%. In order to maintain control, sellers will try to drive Bitcoin below the moving averages and $85,000. Buyers, however, will try to maintain momentum and drive the price up above $90,000.
source trading view
Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.