Today’s encryption price: Bitcoin trades less than $ 84,000; Altcoins see mixed movement

Bitcoin (BTC) and the main encrypted currencies showed mixed trends on Monday 17 March, as the market remained cautious before the main economic events. While Bitcoin, Ethereum, XRP, Solana, Dogecoin, Cardano decreased to 4.5 %, BNB, Toncoin, Hedra, Litecoin, Polkadot and Shiba Inu by posting gains of up to 5 %.

As of 10:53 am, Bitcoin decreased by 0.7 % to 83,698 dollars, while Ethereum decreased by 1 % to $ 1907. Global Crossed currency market CAP has fell 0.78 % to about $ 2.74 trillion over the past 24 hours.

“Bitcoin continues to trade in a narrow range as it approaches the level of resistance of $ 85,000.

He added: “Currently at 83,200 dollars, BTC can see an upward batch of about 90,000 dollars if it exceeded the resistance of 85,000 dollars, while the support is 81200 dollars.”The Coinswitch Markets Office noted that Bitcoin is circulating in a narrow range during the weekend, fluctuating between $ 82,000 and above 84,000 dollars. He said: “The 200 -day simple moving average of $ 84,000 is a major resistance level, while immediate support is 80,000 dollars.”

Also read: Wall Street goes everything in the return of a large encryption that Trump fed

Bitcoin gained 1.6 % during the past week, despite the ongoing pressures of institutional investors. The American ETFS Spot Spot recorded another week of heavy net flows, as investors have withdrawn more than $ 900 million.

Bitcoin’s market value fell to $ 1.66 trillion, with hegemony by 60.72 %. Trading volume 24 hours decreased by 80.3 % to 23.21 billion dollars, while Stablecoin 93.74 % of the total encryption trading accounted for $ 61.95 billion, according to Coinmarketcap.

Also read: Sources say that Russia tends to coded currencies for oil trade

Technology view by Sathvik Vishwanath, co -founder and CEO, UNOCOIN

Bitcoin is still less than $ 85,000 in $ 945 million of BTC-Spot external flows, which represents five weeks of institutional sales. The invested caution on Trump’s tariff, recession, and organizational risks reflect. Nevertheless, BTC has recovered by 4.33 %, driven by optimism surrounding the Senator Cennis Lomis Bitcoin, which proposes the accumulation of the United States government BTC.

Technical indicators show short -term significant signals, with BTC less than EMA for 50 days but above EMA for 200 days. The collapse of more than 86,263 dollars can pay BTC to $ 90,000+, while the decline to less than 80 thousand dollars risk testing the lowest levels of $ 76,642.

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