Bitcoin Bull Run 2025 Gains Momentum—Key Levels to Watch

The post Bitcoin Bull Run 2025 Gains Momentum—Key Levels to Watch appeared first on Coinpedia Fintech News

The cryptocurrency market has seen a growth of 1% in the last 24 hours. During the period, almost all the top ten cryptos, including Bitcoin, have experienced growth. The Bitcoin market has witnessed a significant surge of 3.5%. Currently, the BTC price stands at $87,178.13 – nearly 3.43% above where the market was at the beginning of this month. However, analysts predict a possible pullback. Here is what traders should watch out for. 

Market Sentiment Restored After Liquidations 

At a point on March 20, the Bitcoin market touched $87,452.17. Unfortunately, on the same day, the market plummeted by nearly 3.03%. In fact, between March 20 and 22 alone, the market slipped by over 3.51%. However, yesterday, the trend overtuned, as the market rebounded by nearly 2.65%. Currently, the Bitcoin price remains at nearly 2.30% above where the market was at the start of March 23. 

This indicates that people’s confidence in Bitcoin has been restored. 

Short-Term Pullback Expected in 1-2 Weeks 

A post on X by CrypNuevo suggests that the Bitcoin market may experience a retracement within the next one or two weeks. 

$BTC Sunday update:

Market sentiment has been restored after hitting the short liquidations at $87.1k. Now, it could be a good opportunity for the MM to shake out the market again.

We may see a pullback from here over the next 1-2 weeks, a retrace of this recovery.