empty
 
 
13.03.2025 05:13 AM
Bitcoin Forecast for March 13, 2025

It seems that on March 11, the price established a new low, which is unlikely to be revisited in the near future, as a convergence with the Marlin oscillator has formed.

This image is no longer relevant

Currently, the price is rising due to a renewed appetite for risk, approaching the significant resistance level of 90,873—the low from November 26, 2024. The price reversed near this level on December 6 of last year and again on February 3 of this year. If there is a breakout and consolidation above this level, it could lead to further growth toward 94,966, potentially targeting the MACD line.

This image is no longer relevant

On the H4 chart, the price has settled above the MACD line, and the Marlin indicator has consolidated within the uptrend territory. The short-term outlook appears bullish, and we hope this trend will strengthen into a medium-term movement.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback