Bitcoin Price Today 24/03/2025: How Much Can $BTC Reach $90K This Week?
The main cryptocurrency on the market, Bitcoin (BTC), was quoted today at US$ 87.000, equivalent to R$ 497.127,47 and € 80.186,97 at the beginning of this Monday, 24/03/2025, with an increase of 3,3%. If the bulls are successful, the price of BTC could rise another 5%.
Similarly, most major altcoins could start a steady increase. Ethereum (ETH) could rise further above $2.020 and test $2.120. XRP is approaching the $2,50 resistance. Cardano (ADA) is attempting to break above the $0,75 resistance zone. Solana is in the spotlight, up nearly 7% at $138,66.
Can Bitcoin Break $90.000?
Bitcoin (BTC) price is facing resistance near $87.500 as buyers attempt to sustain levels above the 20-day exponential moving average (EMA) at $85.000. On the upside, bull pressure could push the price above $90.000 and test the $95.000 zone in the near term.
On the downside, dips below the trendline could take the price to lower levels around $80.000 and even $72.000, depending on selling strength.
De agreement with cryptocurrency analyst, Altcoin Sherpa:
The 1W chart on $BTC still looks pretty ugly, but I think the relative lows are in for the short term. I would expect some kind of price action in May 2021 for a while where we just range. Invalidating this idea would be a strong rally to 90k OR a break to 75k.
$ BTC I still think 84k is a good level that will hold and I think 89-90k is next. After that I have no idea what happens but I still feel pretty good about alts being ok until that level hits. Fingers crossed this was a recent low from a higher time frame that just printed
Ethereum Price
Ethereum (ETH) price is facing resistance at $2.067, which is close to the 20-day EMA. A possible pullback below $1.927 could take the cryptocurrency towards critical support between $1.750 and $1.800. However, if there is a recovery above $2.120, a rally to the 50-day simple moving average at $2.450 could occur, with a potential to reach $2.850.
Featured Cryptocurrencies Today
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Sonic (FTM) shows a notable appreciation, being traded at US$ 0,5668, with a significant increase of 10%.
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Athena (ENA) also attracts attention in the market, with its current price of US$ 0,3934 and a growth of 9%.
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Avalanches (AVAX) maintains good performance, quoted at US$ 21,34, reflecting a 9% increase.
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Official Trump (TRUMP) continues to rise consistently, trading today at US$11,81, up 8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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