Bitcoin on the way to the 90,000 dollar brand: market mood improves, old coins benefit from Trump's influence

Bitcoin setzt seine Erholung fort: Marktanalyse und Ausblick Am Montag setzte Bitcoin seine Erholung fort und näherte sich der wichtigen Widerstandszone bei etwa 90.000 Dollar. Diese Bewegung erfolgte vor dem Hintergrund nachlassender Sorgen am breiteren Markt, was ebenfalls positive Auswirkungen auf die gesamte Marktkapitalisierung von Kryptowährungen hatte, die um etwa 2 % auf 1,74 Billionen US-Dollar anstieg. Der Crypto Fear and Greed Index stieg um 15 Punkte auf 45 an. Obwohl er sich immer noch im „Angst“-Bereich befindet, deutet diese Veränderung auf eine Verbesserung der Stimmung unter den Händlern hin. Während einige Altcoins moderate Gewinne verzeichneten, blieb die gesamte Dynamik …
Bitcoin continues his relaxation: Market analysis and outlook on Monday Bitcoin continued his relaxation and approached the important resistance zone at around $ 90,000. This movement took place against the background of declining concerns, which also had a positive effect on the entire market capitalization of cryptocurrencies, which increase by about $ 1.74 trillion. The Crypto Fear and Greed Index rose by 15 points to 45. Although he is still in the "fear" area, this change indicates an improvement in the mood among the dealers. While some old coins recorded moderate profits, the entire dynamic remained ... (Symbolbild/KNAT)

<p> <strong> Bitcoin on the way to the 90,000 dollar brand: market mood improves, old coins benefit from Trump's influence </strong> </p>

Bitcoin continues his recovery: market analysis and outlook

on Monday Bitcoin continued his relaxation and approached the important resistance zone at around $ 90,000. This movement took place against the background of the wider market, which also had a positive impact on the entire market capitalization of cryptocurrencies, which increased by about 2 % to $ 1.74 trillion.

The Crypto Fear and Greed Index rose by 15 points to 45. Although he is still in the "fear" area, this change indicates an improvement in the mood among the dealers. While some old coins recorded moderate profits, the entire dynamics remained largely focused on Bitcoin.

Market development: forecasts and levels of resistance

Since March 11, the Bitcoin course has been in a wide range between $ 76,600 and $ 87,500. Analysts emphasize that the course will soon have to exceed the $ 90,000 mark to ensure a stable upward trend and to avoid a longer phase of uncertainty. According to Daan Crypto Trades, Bitcoin is currently in the middle of this price range without a clear direction.

The analysts, however, have optimism. Should Bitcoin recapture the area between 90,800 and $ 108,500, this could pave the way for new highs. Otherwise, he recommends throwing an eye on the zone of $ 73,000 to $ 74,000. Overall, the current correction is seen as a normal reset in a persistent bull market.

A positive factor are the neutral financing rates of Bitcoin, which are currently around 0 % and indicate that market participants are undecided. This could reduce the pressure on long and short positions and result in stabilizing prices. In addition, the macroeconomic mood changes: The Federal Reserve has signaled that interest rate increases could be suspended for the time being, which gives the markets more scope.

Another indication of a continued Bullishness is the large transmission volume of Bitcoin from stock exchanges on self -managed wallets, which often indicates that investors want to keep in the long term.

Altcoin market reacts to political events

The Altcoin market experienced a short-term activity boost after US President Donald Trump praised the Meme token Official Trump (Trump) on the Truth Social platform. The entire market capitalization of the old coins rose at short notice, but soon gave in what indicates volatility and uncertainty in this area.

The greatest winners of the day were:

  1. SPX6900 (SPX) : The token rose 25 % to a three-week high of $ 0.629.
  2. Fartcoin (Fartcoin) : This meme coin increased by 24 % and reached an intraday high of $ 0.631.
  3. render (render) : With an increase of 15.7 %, the course reached $ 3.85 and benefited from a significant increase in the commercial volume and an update of the generative AI tools.
  4. FAZIT

    The Bitcoin market currently shows signs of stabilization and a return to a positive market dynamics, while the Altcoin markets are also preparing for certain political events. The coming weeks could be decisive for whether Bitcoin will achieve new highs or whether a phase of consolidation will continue. Investors should observe the developments closely and pay attention to technical resistance levels.