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Bitcoin

Bitcoin Loses Momentum After Rally

22 Mar 2025by CryptoJazz Admin1 min read74 views
Bitcoin Loses Momentum After Rally

⚫Bitcoin (BTC) has corrected after its FOMC-driven surge, dropping around 3% in the past 24 hours. The price remains below key resistance, while technical indicators, including the Ichimoku Cloud, suggest potential challenges ahead. BTC is trading below the cloud, confirming a bearish trend, with the Tenkan and Kijun lines adding further pressure.

⚫The activity of major holders has stabilized after recent accumulation, indicating market uncertainty. For BTC to resume growth, it must break above $85,000; otherwise, a pullback to $76,642 is possible.

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