Bitcoin Holds Steady at $87K Today (March 27) — Is a Massive Price Surge Just Around the Corner?

Jakarta, Pintu News – Bitcoin BTC0.91%->Current BTC PriceRp 1.380.128.7990.91%Market CapRp 33.034 TriliunTrading VolumeRp 1.590 TriliunCirculating SupplyRp 19.797.675 has been catching investors’ attention lately as market volatility ramps up. Today, it stayed in the green and broke past the $87,000 mark.

Traders are now eyeing the $90,000 level, with growing bets that another rally could take it there. Some analysts are even saying Bitcoin might be on track to hit a new all-time high soon.

Bitcoin Price Up 0.34% in 24 Hours

As of March 27, 2025, Bitcoin (BTC) was trading at $87,629, or around IDR 1,455,735,519 — up slightly by 0.34% over the past 24 hours. During that time, it dipped to a low of IDR 1,431,616,283 and climbed as high as IDR 1,466,840,539.

According to CoinMarketCap, Bitcoin’s market capitalization has now risen to $1.73 trillion, with trading volume in the last 24 hours falling 8% to $27.08 billion.

Read also: Dogecoin Price Gains Slightly Today (3/27/25): Whale Crypto Buys 200 Million DOGE Coins!

Bitcoin Price Approaches $90,000: Will the Positive Trend Continue?

In the past 24 hours, BTC moved in a range between $1,431,616,283 to $1,466,840,539. Amidst this movement, recent predictions suggest that the price of Bitcoin could surge past $90,000 by next month.

Meanwhile, renowned crypto analyst, Michael van de Poppe, thinks Bitcoin’s uptrend is still quite strong. He highlighted how BTC continues to retest slowly and consistently – something he thinks is a positive signal for further upside potential.

Furthermore, Van de Poppe expects Bitcoin to continue climbing towards the $90,000 mark in the next few days.

Interestingly, he also mentioned that every day actually opens up opportunities for BTC to print new lows before continuing its uptrend. Similar sentiments were also expressed by market analyst, Rekt Capital, who compared BTC’s current price action to the consolidation phase in 2021.

According to him, Bitcoin is currently moving between the 21-week and 50-week EMAs – a pattern that was also seen before BTC hit its record high ATH0.04%->Current ATH PriceRp 511,60.04%Market Cap-Trading Volume-Circulating Supply- in November 2021.

If history repeats itself, it’s not impossible that Bitcoin will head towards its next big rally and print a new ATH.

Bitcoin Macro Indicators Point to Further Upside Potential

Adding to the positive sentiment in the market, crypto trader Javon Marks gave an even more optimistic outlook, setting Bitcoin’s price target at $116,652. He emphasized that Bitcoin is currently showing a number of bullish signals from the macro side.

Read also: BlackRock Launches Bitcoin (BTC) Product with Super Low Fees in Europe!

These various indicators suggest that the ongoing bull market cycle is likely to continue, pushing BTC prices even higher.

In line with this view, market analyst Ali Martinez also highlighted the massive accumulation by whales. He reported that there are 48 new wallets that now hold more than 100 BTC each.

This large-scale accumulation spike indicates increased confidence from institutional investors and high-net-worth individuals – a strong signal that the potential for Bitcoin price increases is still wide open going forward.

What’s Next for Bitcoin?

Looking at the latest predictions and analysis from experts, the future of Bitcoin seems to be getting brighter. One of the most prominent figures in the crypto world, Arthur Hayes, even predicts that the price of BTC could break $110,000 in the near future.

Even so, the volatile market conditions meant that many investors chose to wait and watch from the sidelines.

However, recent market trends are giving quite positive signals for the future. For instance, two financial giants – 21Shares and BlackRock – have launched Bitcoin ETP (Exchange-Traded Product) products in the emerging European market.

This move is believed to encourage wider adoption of Bitcoin, which could ultimately be the main driver of BTC’s price increase in the near future.

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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:

• Coingape. Bitcoin Price Targets $90K Amid Bullish Hints Of BTC ATH Soon. Accessed on March 27, 2025