Bitcoin prices were closed last week with a positive note, hoping to start a new week with even stronger feet. However, the sideways' movements were a constant feature in Bitcoin weekend price action in 2025.
Similarly, the flagship cryptocurrency has struggled to build momentum on Friday, and has not recorded any major changes in the past days. Market analysis company MoreCryptoonline identifies certain price levels that are important for BTC's future price trajectory.
Here's why Bitcoin must break resistance for $86,700
MoreCryptoonLine in a March 15th post on X Platform Share Interesting Bitcoin price analysis. Identify important levels of potential short-term movement. Over the past week, Bitcoin has produced rather choppy price transfers characterized by a series of profits and losses of roughly similar margins.
Most notably, the best cryptocurrency surpassed its weekly high of $84,294 to regain its price level of $85,000. However, bullish momentum proved unsustainable as sales pressure quickly caused an immediate setback.
Source: @Morecryptoonl/X
As shown in the chart above, Morecryptoonline expects a $89,012 spike could be on the card if Bitcoin prices succeed beyond the specified supply barrier. This move could be followed by a minor pullback to $87,204 before Bitcoin prices finally return to around 92,017.
Conversely, the next most important support for BTC prices is in the $82,564 region. If market leaders fall below this price cushion, investors can effectively conclude that recent price breakouts are a failure.
In this case, overwhelming sales pressure could force the price of Bitcoin to around $77,859, with a low risk of $71,011.
Bitcoin price at a glance
At the time of writing, Bitcoin priced around $84,050, not reflecting any significant movements over the past 24 hours. According to Coingecko data, the highest cryptocurrency in the past seven days has fallen by more than 2%. Its market capitalization is $1.67 trillion, and BTC remains the largest cryptocurrency in the world.
The price of BTC is hovering around the $84,000 mark on the daily timeframe | Source: BTCUSDT chart on TradingView
ISTOCK featured images, TradingView chart
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