Bitcoin News: Potential Drop to $65,000 Amid Optimism Over Incoming Liquidity Wave
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Recent developments in the Bitcoin market have sparked mixed reactions among investors and analysts. While the cryptocurrency experienced a notable drop, some experts remain optimistic about a potential influx of liquidity that could significantly impact the market.
Bitcoin Could Drop to $65,000, But Liquidity Wave Is Incoming
Bitcoin experienced a significant 7% drop between March 26 and March 29, falling from $88,060 to $82,036. This correction led to the elimination of $158 million in long positions, indicating an overheating of the derivatives markets. However, some analysts are optimistic about a potential capital influx due to the massive return of liquidity from central banks, which could significantly impact the market. Despite BTC’s current fluctuations, this upcoming liquidity could potentially rewrite the market dynamics.
Is Bitcoin Price At Risk Of Falling To $65,000? Peter Brandt Issues Bearish Forecasts.
Bitcoin price has continued to face downward pressure since it dropped below the $90,000 level. The current market sentiments hurt both sellers and traders due to losses registered. Market veteran Peter Brandt has highlighted the possibility of a further Bitcoin price crash, predicting that Bitcoin could fall to the low $65,000 directly from its current price. Brandt accompanied his post with a chart that showed Bitcoin has completed a bear wedge, with a 2X target from the double top at $65,635. While crypto market participants watch to see the next price direction for Bitcoin, whales have resurfaced.
Marathon (MARA) Pushes Harder into Bitcoin with $2B Stock Offering
Marathon Digital Holdings (MARA) has announced a $2 billion stock offering to buy more BTC. This follows its past move of raising $1.4 billion for similar purchases. The funds will be raised through an at-the-market (ATM) equity program, allowing MARA to sell shares over time. Major investment banks like Barclays and BMO Capital Markets are helping run the sale. MARA plans to allocate 40% of the new capital to buy Bitcoin directly, 35% to general corporate needs, and 25% to support working capital. This move underscores MARA’s commitment to Bitcoin, positioning itself not just as a miner but also as a long-term holder despite the increasing expenses in Bitcoin mining due to the halving event and rising energy prices.
Bitcoin Panic Hits Short-Term Investors as Losses Continue for Over Two Months
Bitcoin’s short-term holders have been panic-selling due to sustained losses for over two months. The STH-SOPR has stayed below 1 since January, indicating consistent loss-taking behavior. This extreme fear from short-term investors may signal a potential bottom, inviting long-term investors to accumulate. Bitcoin has experienced significant volatility in early 2025, with the price down slightly over 2% this past month. The leading crypto saw wild swings, particularly in March, where early chaos caused a price plunge before regaining footing mid-month.
Crypto Weekly Roundup: SEC Drops Cases, GameStop Follows Strategy, & More
The SEC has dropped multiple investigations into major crypto firms, including Crypto.com and Immutable. GameStop plans to raise $1.3 billion, partially for Bitcoin investment. Coinbase is in talks to acquire Deribit. Wyoming is testing its state-backed stablecoin, Trump Media is launching crypto ETFs, and the DOJ has seized $200,000 in crypto linked to Hamas.
