Crypto News

Bitcoin Price Jumps to $87,059, Gains 3.3% as Bulls Regain Control

Traders remain divided on short-term price expectations. Options market data shows a concentration of calls around the $90,000 to $95,000 strike range expiring in early April, signaling optimism. However, large puts around $75,000 suggest some traders expect a correction before a new leg upward.

Analysts at several major investment firms predict a potential move toward $110,000 by mid-2025, assuming the U.S. regulatory environment continues to favor digital assets and global macro conditions remain supportive. Others warn of exhaustion in the current rally, noting that Bitcoin has already advanced over 25% in March and may soon consolidate before attempting new highs.

Betting markets estimate a 61% chance that Bitcoin will surpass $110,000 by year-end, with a lower probability of it breaching $125,000. Meanwhile, forecasts for a corrective move toward $70,000 remain active among technical traders, especially if Bitcoin fails to sustain momentum above $90,000.

Bitcoin’s reflects strength, maturity, and increasing integration with global financial systems. The asset benefits from macroeconomic tailwinds, rising institutional adoption, regulatory support, and a favorable technical setup. With prices trading above $87,000, Bitcoin remains in a clear uptrend, backed by strong volume and market structure.

Short-term volatility may persist, especially as markets digest new policy signals and economic data. However, long-term fundamentals continue to support a positive outlook. As governments, institutions, and retail investors deepen their exposure, narrative shifts from speculation to strategic value, anchoring its place in modern investment portfolios.

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