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Bitcoin Price Retreats to $85K Support After Failing to Test $90K

Bitcoin Price Retreats to $85K Support After Failing to Test $90K

Published:
2025-03-28 10:00:00
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  • Bitcoin unsuccessfully tests $90K resistance
  • Drop puts $85K support at risk
  • Volatility reflects economic and regulatory uncertainties

On the morning of this Friday, March 28, 2025, Bitcoin is trading at around US$85.000, equivalent to R$491.035,24. The cryptocurrency, which faced recent volatility, was unable to sustain an upward trend and, instead of testing the US$90 resistance, saw its value decrease by 2,5%, putting the crucial support of US$81 at risk.

This movement indicates a cautious market that may be reacting to a combination of economic and regulatory factors. The pressure on Bitcoin in this price range suggests that investors are carefully evaluating their next steps while monitoring market conditions that may influence the cryptocurrency’s behavior.

The prevailing bearish trend interfered with this rally, with Bitcoin facing a strong rejection, falling back below $84.800 after a loss of almost $XNUMX. However, the cryptocurrency defended this critical level and resumed an upward trajectory.

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Altcoins, on the other hand, have struggled, with most of them recording losses. Ethereum has fallen by over 6%, approaching the $1.850 mark. XRP, SOL, DOGE, and ADA have also seen similar declines, with SHIB experiencing a 7% drop.

However, not all altcoins followed this downward trend. BNB and TRX managed to register modest gains of 1 to 2%. Among the standouts, CRO and TON showed exceptional performance, with gains of 5% and 9%.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.

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