Bitcoin Surges to $91,000 Today (March 6, 2025) – Are BTC Buyers Taking Full Control?

Jakarta, Pintu News – Bitcoin (BTC) price has shown strength again by breaking through the $91,000 level on March 6, 2025, marking a significant rise amid high market volatility.

After experiencing selling pressure in recent days, bullish momentum seems to be returning, with buyers slowly taking control of the market. But will this rally continue, or is it just a temporary phase before a further correction?

Bitcoin Price Up 4.11% in 24 Hours

On March 6, 2025, Bitcoin (BTC) surged to $91,272 (approximately 1,495,526,621 IDR), marking a 4.11% increase in the past 24 hours. During this period, BTC dipped to a low of 1,423,293,457 IDR before rebounding sharply, nearing its daily peak at 1,500,010,252 IDR.

According to CoinMarketCap, Bitcoin’s market capitalization has now risen to $1.81 trillion, with trading volume in the last 24 hours falling 17% to $50.82 billion.

Read also: Bitcoin to $100K or a Crash to $70K? Analysts Uncover Key Order Book Signals!

What happened to the Bitcoin price today?

Bitcoin Volatility Approaches Highest Levels

Citing a Cointelegraph report, Bitcoin’s volatility is nearing cyclical highs, fueled by fears of an approaching trade war as well as plans for crypto asset hoarding by the US government, according to data from TradingView and Glassnode.

The conflicting market signals between bullish and bearish, which reached their peak after US President Donald Trump officially took office in January, have led to highly volatile crypto price movements.

“As seen from the sharp up-and-down price movements, market conditions have become very volatile in the past two weeks, especially amid ongoing political uncertainty,” Glassnode said in its March research report.

According to Glassnode, Bitcoin’s realized volatility-which measures daily price variations-has recorded the highest numbers in this cycle, with values exceeding 80% in the span of one to two weeks.

Bitcoin DMI Indicator Shows Buyers Back in Control of the Market

Bitcoin’s Directional Movement Index (DMI) indicator shows that the ADX has dropped to 17.5, a significant drop from 27.6 in the past two days. A drop in the ADX signals that the strength of the trend is weakening, which means that the previous downtrend is starting to lose momentum.

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At the same time, +DI increased from 17.7 to 27.9, while -DI dropped from 30.5 to 20.5. These shifts suggest that the bullish momentum is strengthening, while selling pressure is starting to subside.

Currently, Bitcoin is attempting to transition from a downtrend to an uptrend, and this movement of the DMI line is an indication that buyers are starting to take control of the market.

The ADX or Average Directional Index is used to measure the strength of a trend, not the direction of the trend itself. Values above 25 usually signal a strong trend, while values below 20 indicate a weak or erratic market.

With the ADX at 17.5, Bitcoin’s current price action lacks strong trend confirmation, making the next move crucial.

However, the increasing +DI and decreasing -DI indicate increasing buying pressure. If ADX rises again along with the gap between +DI and -DI widening in favor of buyers, Bitcoin could form a new uptrend.

Conversely, if the ADX remains low, Bitcoin price will likely move sideways, without enough strength to create a decisive breakout.

Bitcoin Ichimoku Cloud Indicator Shows Momentum Shift

Bitcoin’s Ichimoku Cloud structure indicates a change in momentum, as the price begins to move above key levels. Recently, BTC managed to break the red baseline, signaling increased buying pressure.

However, the price is still inside the cloud, which is a zone of uncertainty where trends are often tested.

Currently, the leading span A (green line) is starting to slope upwards, which indicates a potential bullish trend change. In contrast, leading span B (orange line) is still relatively flat, which suggests that the cloud area ahead could turn into a support zone.

Also, the lagging span (green line) is starting to approach the price action from 26 periods ago, which means Bitcoin is determining whether this breakout has the strength to continue.

Read also: Ripple (XRP) Crashing to $1? Should Investors Sell Now?

As a dynamic indicator, the Ichimoku Cloud helps identify trend direction, momentum, and key support and resistance zones. If the price manages to break the cloud decisively, then the bullish trend will get stronger, allowing Bitcoin to form a more pronounced uptrend.

However, if BTC fails to hold above the red baseline and goes back inside the cloud, then this could signal consolidation or even indicate a potential retest of lower support levels.

With the current conditions, Bitcoin is at a crucial point. If the momentum continues, a bigger breakout could happen, but if the price hesitates around the cloud, Bitcoin might go sideways before a clearer trend emerges.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Bitcoin Tests $90,000 Levels Amid Speculation Around Trump’s Crypto Summit. Accessed on March 6, 2025
• Cointelegraph. Bitcoin volatility soars amid US crypto reserve, tariff jitters. Accessed on March 6, 2025