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Bitcoin Faces Key Resistance: Will It Break Through?

Rishabh Bansal - Bitcoin News - April 1, 2025
Bitcoin
Rishabh Bansal
51 views 58 secs 1 Comment

Bitcoin wrapped up last week on a strong note, but that momentum hasn’t fully carried into the new week. So far in 2025, weekend trading has been mostly flat, with no major price movements.

Despite a push on Friday, Bitcoin has struggled to make further gains. Market analysts at MoreCryptoOnline have identified crucial price levels that could determine Bitcoin’s next move.

Can Bitcoin Break Past $86,700?

In a March 15 update, MoreCryptoOnline highlighted the $86,700 resistance level as a key hurdle for Bitcoin. If Bitcoin can push past this point, it could trigger a strong rally.

On the other hand, if selling pressure builds, Bitcoin might drop to $77,859, with the risk of falling as low as $71,011.

Bitcoin Price Update

At the moment, Bitcoin is trading around $84,050, showing little movement in the past 24 hours. Over the past week, it has dipped by more than 2%, according to CoinGecko.

Even with this minor drop, Bitcoin remains the largest cryptocurrency in the world, holding a market cap of $1.67 trillion.

What History Tells Us

Bitcoin has faced similar resistance levels before. In 2021, it struggled to break $60,000 multiple times before soaring to an all-time high of $69,000. Likewise, in 2017, Bitcoin hovered around $10,000 before skyrocketing to $20,000 by year-end.

If past trends hold, a break above $86,700 could lead to new highs. But if Bitcoin fails to push through, a pullback could be on the horizon.

For now, investors remain in wait-and-see mode, watching for the next big move.

TAGS: #Bitcoin
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© Copyright 2025 - The Cryptoplay : All updates about Cryptocurrency worldwide . All Rights Reserved
bitcoin
Bitcoin (BTC) $ 117,907.59
ethereum
Ethereum (ETH) $ 3,528.04
xrp
XRP (XRP) $ 3.42
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 722.69
solana
Solana (SOL) $ 174.71
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.238854
staked-ether
Lido Staked Ether (STETH) $ 3,516.60
tron
TRON (TRX) $ 0.324563