Bitcoin News: Potential Further Decline Predicted for March 2025

Cryptocurrency analysts are closely monitoring Bitcoin`s price movements, with some predicting a potential further decline in the coming months. Here`s what you need to know.

What to Expect from Bitcoin (BTC) Price in March 2025

This downturn signals growing bearish pressure, raising concerns that the decline could extend further into March. According to Brian, lead analyst at Santiment, Bitcoin whales continue to reduce their trading activity, increasing the likelihood of a further decline in the coin’s value. The decline in Bitcoin’s large holders’ netflow corroborates Brian’s position, having plummeted by over 600% in the past 30 days.

Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades

Bitcoin’s price fell to $86,099 on February 26th, causing significant losses in the crypto market. Almost $1.06 billion was wiped out from the market cap, and around 230,000 positions were liquidated. The open interest dipped to 5%, suggesting deleveraging among investors. On-chain data showed exchange inflows surged to 14.2%, potentially indicating panic selling. Funding rates turned negative, reflecting a shift in investors` sentiments.

Bitcoin’s Price Under Pressure Due to Increased Exchange Inflows

Bitcoin exchange inflows surged following the US Consumer Confidence report, with the bitcoin exchange Inflow (Top 10) metric exceeding 5,000 BTC three times in a single day. According to CryptoQuant, this metric tracks BTC deposits into the top 10 exchanges and often signals potential selling pressure. Notably, spikes in exchange inflows occurred before a decline in Bitcoin’s price, indicative of major holders preparing to sell ahead of the correction. Increased volatility in inflows coincided with a sharp BTC price drop to $86.9K, suggesting panic selling and strategic profit-taking by large holders.

Bitcoin at $88K: Standard Chartered warns of a 10% slide

Standard Chartered analysts suggest Bitcoin (BTC) could see a further price fall from its current level at $88,000. Market analysis shows investor sentiment is well aligned to sell the asset. Bitcoin has struggled in the past month with a consistent decline, trading below the $90,000 threshold in the past 24 hours. Its overall monthly performance is down 9.67%. Current sentiment suggests the possibility for the asset to slide further and possibly test the $80,000 level as market pressure mounts. According to Standard Chartered analyst Geoff Kendrick, Bitcoin could see an additional 10% loss, which could take the asset to the lower $80,000 region in the NEAR term.

Best Wallet Adds Full Bitcoin Support and Multichain Functionality

Best Wallet today announces a major upgrade bringing full Bitcoin support and multichain functionality to its crypto wallet. Users must install the Version 2.5.1 update to access the new features, available for both Android and iOS. Support for chains like Solana, Base, and TRON will follow. Bitcoin searches are surging as dip buyers eye prices below $90,000 amid sentiment soured by the ByBit hack and $LIBRA meme coin scandal. The US tariffs loom over the market, threatening to ignite a trade war and shrink the world economy.