In the crypto currency market, the pointer returned to red. Bitcoin, who gave signals of recovery during the week, caught a hard sales wave on Friday. Investors are now wondering: What happens if Bitcoin hangs below $ 80,000? The increasing political and economic uncertainties before the closing of March are seriously pushing investor confidence. As Kriptokoin.com, we transfer the details.
Will Bitcoin see the worst quarter performance of the last 7 years?
Bitcoin has lost about 12 %in the first quarter of 2025. This ratio has even left behind the decline in the first quarter of 2020, the Pandememi period. According to experts, this table shows that investors’ risk appetite is gradually decreasing.
CoNSS data confirms that there is a liquidation exceeding $ 90 million in the last 24 hours. Approximately $ 79 million of this amount came from the purchase positions. In short, investors are trying to stop the damage by closing their positions quickly.
Investors are withdrawing: Open positions and Long/Short ratio collapses
The current situation of the market is not limited to price graphics. Bitcoin open positions fell by 4.5 %in the last day and fell to $ 54 billion. This development shows that the traders are cautious and move away from the market for a while.
In addition, the Long/Short ratio indicates that investors are increasingly pessimistic. Currently this rate is 0.60. In other words, 62 %of investors expect more, while only 38 %believe in rise.
Trust was broken on the ETF front: 10 -day entrance series is over
Bitcoin ETFs were also morale. Fidelity’s FBTC fund experienced a $ 93 million output on Friday. However, only the day before this fund was an introduction of $ 97 million. This table shows that corporate investors have become cautious.
In total, all US -based Bitcoin ETFs increased. However, this increase is not positive; On the contrary, sales -oriented positions are dominant. This reveals that the pressure on the price continues.
Critical levels for Bitcoin price: 85k or 78k?
Bitcoin is currently trading in the $ 82,000 band. Investors closely follow the resistance zone of $ 85,000. If this level is exceeded, positive air may be caught again. However, it is seen that buyers do not have enough power for the time being.
In the inverse scenario, the risk of going below 80,000 dollars is growing. If this psychological support is broken, a harsh withdrawal of up to $ 78,000 may be experienced. Technical indicators say that this possibility should not ignore it.
