In March 2025, Bitcoin experienced significant price volatility, beginning with a sharp drop and followed by a temporary price peak. This article explores the key points of these March price changes and the month's outcome.
March Beginnings and Peaks
March 2025 began for Bitcoin with a sharp price drop from 84.29K to 79K in just the first two days. However, a strong upward trend followed immediately. On the third day, BTC hit a high of $94,359.15. This short-lived surge could not hold, and the price began to decline again. By the end of the first week of March, Bitcoin's price had fallen back to $84,329.04.
Mid-Month Performance
The second week of March was disappointing for bulls, as the price retested the $80K support but failed to rise above $85K. The third week saw little action, with prices moving between $81,500 and $83,500, only a 2% gap. This narrow range made it difficult for traders to take solid positions, leaving neither bulls nor bears in control of the market.
End-of-Month Influences
The final week began with bulls in control, pushing the price from $84K to $88K. However, by the last days of March, bears had gained the upper hand again, dropping the price from a peak of $88K to $82.6K. This pullback coincided with a sharp drop in trading volume, down 42% to $19 billion. As April begins, investor focus turns from price patterns to policy headlines. Former President Donald Trump's renewed call for aggressive tariffs, especially targeting Chinese imports, has sparked debate across financial markets. Bitcoin could react to these tariffs in both ways: economic uncertainty and inflation fears have historically benefited BTC as a hedge against inflation, while a stronger dollar might temporarily suppress demand for risk-on assets like cryptocurrencies.
March 2025 was a month of significant Bitcoin price fluctuations, ending in an uncertain position between bulls and bears. The future behavior of the cryptocurrency may relate to changes in economic policy and global financial conditions.
