Peak ‘FUD’ hints at $70K floor — 5 Things to know in Bitcoin this week

BitcoinBTCThe FOMC is in an uncomfortably cautious mood as the multi-month lows remain close.

• BTC’s price movement maintains a $80,000 level of support, while upside liquidity is ripe.

• Investors are watching closely for signals from Chair Jerome Powell, as the Fed will soon make a decision about interest rates.

• The return of top Bitcoin buyers to the market is a sign that there will be a stable future for Bitcoin.

• The historical BTC cycle price analysis predicts a target of $126,000 for June’s start.

• The ones who are looking for “be greedy when others are fearful” Research concludes that you should focus on the $69,000. 

Bitcoin trader grabs 87,000 dollars in liquid assets

BTC/USD avoided a sluggish weekend, despite a relatively quiet one. lasting sell-off The weekly closing price only dropped to $82,000, before rebounding. 

The Data of Cointelegraph Markets Pro You can also find out more about the following: TradingView The recent consolidation of $80,000 marks shows that the mark has been reclaimed in a wide range.

“Not a bad Sunday for Bitcoin,” crypto trader, analyst and entrepreneur Michaël van de Poppe summarized Part of the latest Market Analysis on X. 

“We still have Monday to go, but this looks like we’re making a new higher low on Bitcoin before attacking the highs again.”

Others market participants, including those expecting another retest. multimonth lows Take liquidity “trap” Shorts for late nights

“I think Bitcoin will hit 78k first to grab liquidity before an Upside Breakout,” Captain Faibik, a popular and well-known trader argued In part, he uses his own X-content. 

“Once the breakout occurs, Bitcoin is likely to reach 109k in the coming weeks (Possibly by mid-April).”

CrypNuevo noted, however, that the liquidities were largely skewed upwards. As a result of this, bulls could take advantage of key targets.

“The area between $85.4k & $87.1k is the main liquidity zone,” An X-thread explained 

“A move up targeting this area in the upcoming week seems more than likely.”

Powell is the star of FOMC’s week

Investors in bitcoin and other risky assets are focused on one event this week: US Federal Reserve rate decisions.

Commentary on what is being said calls A “pivotal point in time,” This move will affect the sentiment of the markets in many ways.

On the surface, it appears that few surprises will likely come as a result of the second meeting of 2025 — inflation may be cooling, but Fed officials, including Chair Jerome Powell, maintain a hawkish stance on the economy and financial policy.

Powell’s repeated statements that he was not in a hurry to lower rates led to almost universal market betting that the current level would remain unchanged following FOMC.

🇺🇸 Polymarket predicts that there is a 95% chance the Fed won’t make any changes to rates on March. 20. pic.twitter.com/zaDGBsmAZM

— Cointelegraph (@Cointelegraph) March 17, 2025

CME Group has released its latest forecasts FedWatch Tool Only in June is there a very high chance of more cuts.

If Powell strikes a relaxed tone in his statement or press conference that accompanies it, then the mood can easily change.

“If Powell even whispers ‘QE’ at the next FOMC, markets will move fast,” Kyle Doops is a crypto-technical analyst. argued In part, a X article on the topic. 

“But knowing Powell, he’ll keep it as vague as possible.”

Doops is short for quantitative easing. It’s a buzzword that refers to liquidity injections. This has been historically beneficial in terms of crypto-performance.

Behind the scenes, US M2 money supply is already increasing — a key ingredient for a crypto market rebound.

“M2 money supply rose +3.9% year-over-year in January, the fastest pace in 30 months. This is the 11th straight month of money supply expansion,” Trading resource The Kobeissi Letter noted Weekends are a great time to get away.

Kobeissi also added that global liquidity follows a similar pattern.

“Meanwhile, global money supply has risen by ~$2.0 trillion over the last 2 months, to its highest since September 2024,” The report was made.

“Money supply is expanding again.”  

New Buyers Shown “hodling behavior”

The behavior of newer Bitcoin traders is maturing as the market declines.

CryptoQuant’s latest analytics show that the accumulation is taking place for older members of the STH cohort.

STH entities include those who purchased BTC within the last six months. CryptoQuant reports that investors holding BTC between 3 and 6 months ago are now entering the STH market. “accumulation” Refusing to give in to the temptation of panic-selling, despite being potentially under water on their stack.

“According to the latest data, the percentage of coins held for 3 to 6 months has been rising rapidly, mirroring the accumulation patterns observed during the prolonged correction in the summer of 2024,” ShayanBTC, a contributor to “QuicktakeBlog posts for March 16, 2016.

“This trend highlights a hodling behavior, where investors refrain from selling their Bitcoin despite the current market correction.”

The chart below shows Bitcoin’s realized cap, divided according to the number of un-spent transaction outputs (UTXOs). This is the value of all coins according to the last time they moved. Coins that are dormant and have not been used for three or six months will rise rapidly.

“Historically, this type of resilience among Bitcoin holders has played a crucial role in forming market bottoms and igniting new uptrends,” Continue reading. 

“As long-term holders continue accumulating, the available supply in circulation decreases, making Bitcoin more scarce. When demand eventually picks up, this supply squeeze often leads to price surges, pushing Bitcoin toward new record highs.”

You can also read about the advantages of using Cointelegraph reportedSTH 2025 buyers have shown a strikingly different reaction to the BTC drop. They sold coins at a loss of $100 million since February’s start.

Price of BTC to reach $126,000 by June?

The Lowest Price Foreward BTC price metric of network economist Timothy Peterson, which has historically been accurate, gave 95% chances that BTC/USD would never happen. dropping below $69,000 again.

Now, another calculation The potential of new record highs is expected by June 1.

Peterson compared the BTC prices since 2015 and described Bitcoin at its current price. “near the low end” This is what will remain a standard.

The next two months, however, should be critical — April is historically one of the two best months for the Bitcoin bull market. 

“Nearly all of Bitcoin’s annual performance occurs in 2 months: April and October,” Peterson said.  

“It is entirely possible Bitcoin could reach a new all-time high before June.”

The analysis also revealed that Bitcoin price can still reach a level of 126,000 USD on average within two and a half months. 

$70,000 marks a key “FUD” Watershed

Santiment’s social media research shows that two factors are particularly important when it comes time to predict BTC prices.

Related: Bitcoin reclaims $80K zone as BNB, TON, GT, ATOM hint at altcoin season

Santiment has tied extreme market forecasts to $69,000-$100,000.

“Over the past month, we have not seen Bitcoin’s market value fall below $70K OR rise above $100K,” You can also find out more about us here. summarized On X. 

“That means looking at the crowd’s social predictions of $100K is a great gauge for FOMO. Historically, markets move the opposite direction of the crowd’s expectations.”

Data from social media was used to examine mentions made of BTC at various price levels.

“This is why clusters of blue bars (representing $10K-$69K $BTC predictions) so reliably foreshadow a reversal (or buy signal), especially while markets are moving down and the crowd is getting fearful,” Santiment explained.

It is important to note that the word “you” means “you”. Crypto Fear & Greed Index On March 17, it was 32/100. “extreme fear” The bracket is at its highest level since February 24.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.