Bitcoin Bull Run 2025: Crypto Analyst Warns Major Correction Could Happen, Here’s the Support Level!

Updated

March 25, 2025

Gambar Bitcoin Bull Run 2025: Crypto Analyst Warns Major Correction Could Happen, Here’s the Support Level!

Jakarta, Pintu News – The price of Bitcoin has stolen the spotlight again after surging 3.5% in the last 24 hours, reaching $87,178 or around 1.42 billion IDR. This increase also marks a gain of 3.43% since the beginning of March 2025, along with the growth of the crypto market, which rose by around 1%.

However, behind this euphoria, analysts warn that BTC’s price movement could experience a retracement or correction in the near future. Is this just a temporary pause, or is it the start of a bigger decline?

Bitcoin Price Journey: Ups and Downs to the Top

On March 20, Bitcoin briefly touched a high of $87,452, before plummeting 3.03% on the same day. The decline continued for the next two days, with the total correction reaching 3.51% by March 22.

However, a recovery has been seen since yesterday, where the price of BTC rose by 2.65% again, indicating a reversal of sentiment from market participants. As of March 23, the cost of BTC was 2.30% higher than at the beginning of the day.

This increase shows that investor confidence in Bitcoin is still quite solid, even though the crypto market remains overshadowed by high volatility. Some traders see this as a further bullish moment, but many are wary of potential selling pressure.

CrypNuevo Analyst: Potential Correction Amid Bullish Trend

$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.

🧵↓ (1/5): pic.twitter.com/ahMmA11IVF
— CrypNuevo 🔨 (@CrypNuevo) March 23, 2025

Leading crypto analyst, CrypNuevo, shared his views on the X platform, mentioning that Bitcoin will most likely experience a retracement in the next 1-2 weeks.

Although the long-term trend still shows a bullish pattern, CrypNuevo highlights the presence of technical signals that need attention. One of the key indicators is the 50-day exponential moving average (EMA), which currently stands at $77,726. Bitcoin recently retested the level, which is considered an important point to maintain the uptrend.

According to him, as long as the price of BTC stays above the 50-day EMA line, the opportunity to continue the rally remains wide open. However, if it breaks below it, selling pressure could increase sharply and trigger a deeper correction.

Also read: 5 Airdrops to Hunt for in April 2025

Support level of $77,000 is the key to the next direction

One of the most important points in CrypNuevo’s analysis is the $77,000 or 1.26 billion IDR support level. He calls this level a crucial point that has sustained Bitcoin’s bullish momentum over the past few months.

If the price holds above that point, the rally may continue until it breaks through new resistance. But if it fails to hold, the market could witness a major correction that tests investor psychology.

In addition, CrypNuevo warns that many stop-loss orders are below the support level, which could trigger massive liquidation if the price drops. Even one small drop could create a domino effect that pushes the price of BTC down deeper.

Although the potential for a short-term correction exists, CrypNuevo still believes that Bitcoin’s long-term trend is still bullish. Strong support from institutional investors and global crypto adoption continue to drive demand for Bitcoin. However, the crypto market never moves in a straight line-there are always phases of consolidation, correction, and even unexpected volatility.

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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.

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